Archives : DAILY MARKET OUTLOOK : 02/12/2009

DAILY MARKET OUTLOOK : 02/12/2009.

Strong Global markets have helped our markets reach near the immediate previous high of Nifty 5138. Today the market is likely to test the Resistance around Nifty 5182.

Sensex Resistance 17253-17350-17494. Support 17095-17019-16943.

Nifty Resistance 5138-5152-5182. Support 5092-5063-5036.

Buy Hindalco 142 SL 140 Tgt 148-156.

Buy DCHL 158 SL 155 Tgt 163-170.

Buy KFA 56 SL 55 Tgt 58-60.

Buy RCom 176 SL 173 Tgt 182-186.

Buy Can Bank 413 SL 406 Tgt 419-430.

Buy Tata Chem 293 SL 289 Tgt 299-305.

Buy Voltamp 814 SL 799 Tgt 840-861.

Buy Jindal Steel 706 SL 695 Tgt 721-743.

Buy Cairn 285 SL 281 Tgt 290-294.


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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