Archives : DAILY MARKET OUTLOOK : 16/11/2009


Global markets are strong and should help our markets open higher. The market is poised for higher levels if the Nifty manages a close above 5036.

Sensex Resistance 17092-17195-17350. Support 16760-16666-16606.

Nifty Reistance 5036-5077-5110. Support 4973-4957-4924.

Buy Infosys 2359 SL 2332 Tgt 2389-2421.

Buy JsW Steel 896 SL 876 Tgt 929-951.

Buy IDFC 171 SL 166 Tgt 177-186.

Buy IDBI 128 SL 125 Tgt 133-137.

Buy FinTech 1403 SL 1373 Tgt 1445-1481.

Buy Engineers(I) 1459 SL 1420 Tgt 1501-1533-1631.

Buy Nag Const 168 SL 163 Tgt 174-181.

Buy Patni 505 SL 493 Tgt 521-545.

Buy Patel Engg 480 SL 471 Tgt 488-499.

Buy Siemens 558 SL 551 Tgt 571-590.


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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