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Archives : DAILY MARKET OUTLOOK : 09/11/2009

DAILY MARKET OUTLOOK : 09/11/2009.

Market will once again test the resistance zone and one can expect some supply in that area. Be selective and cautious in trade.

Sensex Resistance 16238-16283-16360. Support 16075-15992-15842.

Nifty Resistance 4819-4836-4876. Support 4770-4732-4693.

Buy Mphasis 722 SL 704 Tgt 753-785.

Buy Ashok Leyland 51 SL 49 Tgt 55-58.

Buy LiC Hsg 810 SL 789 Tgt 836-865.

Buy Voltas 161 SL 157 Tgt 168-174.

Buy Engineers India 1284 SL 1250 Tgt 1368-1437.

Buy Torrent Power 340 SL 330 Tgt 360-380.
Disclaimer : The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness.

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