Archives : DAILY MARKET OUTLOOK : 27/11/2009

DAILY MARKET OUTLOOK : 27/11/2009.

Dubai scare has the Asian markets going down heavily and that will take its toll on our market. Best strategy is to avoid trading for today.

Sensex Resistance 16976-17069-17202. Support 16635-16494-16232-16119.

Nifty Resistance 5036-5067-5110. Support 4932-4872-4842.

Sell Tata Steel 543 SL 556 Tgt 521-505.

Sell ReL Infra 1033 SL 1055 Tgt 979-951.

Sell Aban 1320 SL 1387 Tgt 1265-1220.

Sell RiL 1063 SL 1087 Tgt 1034-1021.

At Lower Levels the Defensive stocks in Pharma and IT sector will try and move against the market.


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