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.