Archives : DAILY MARKET OUTLOOK : 01/12/2009

DAILY MARKET OUTLOOK : 01/12/2009.

Market has managed a close above the 50dma and hence the market is likely to test the resistance levels of Sensex - 17259 and Nifty - 5130.

Sensex Resistance 16989-17098-17259. Support 16824-16721-16635.

Nifty Resistance 5055-5079-5130. Support 5000-4975-4932.

Buy DCHL 155 SL 152 Tgt 160-164.

Buy Jindal Saw 928 SL 907 Tgt 945-970.

Buy Orchid 192 SL 189 Tgt 197-201.

Buy IFCI 52.85 SL 51.65 Tgt 55.55 - 57.20.

Buy Idea 50.95 SL 49.95 Tgt 52.65 - 54.70.

Buy McDowell 1264 SL 1236 Tgt 1305-1344.

Buy REC 244 SL 237 Tgt 251-258.

Buy Canara Bank 395 SL 391 Tgt 403-417.

Buy Bharati 299 SL 294 Tgt 307-315.

 


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