Archives : DAILY MARKET OUTLOOK : 04/12/2009


Once again Nifty failed to close above the resistance level. It could not cross the previous intermediate high of 5181 and that means the market needs to spend more time consolidating before taking another shot at it.

Sensex Resistance 17270-17361-17494. Support 17114-17027-16943.

Nifty Resistance 5150-5181-5231. Support 5106-5081-5036.

Buy Auro Pharma 910 SL 886 Tgt 925-948.

Buy McDowell 1387 SL 1344 Tgt 1447-1471.

Buy Polaris 191 SL 186 Tgt 197-206.

Buy Rolta 182 SL 178 Tgt 189-197.

Buy IndusInd 141 SL 138 Tgt 145-150.

Buy OFSS 2167 SL 2136 Tgt 2194-2225.

Buy Fin Tech 1382 SL 1348 Tgt 1419-1448.

Buy Torrent Pharma 407 SL 399 Tgt 426-437.

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