Archives : DAILY MARKET OUTLOOK : 11/12/2009


The market has a date with the critical resisatance level of 5181. Good strong global and asian markets will push the market higher. Mid caps will outperform the overall market.

Sensex Resistance 17272-17361-17494. Support 17027-16943-16820.

Nifty Resistance 5158-5181-5228. Support 5116-5085-5051.

Buy Praj Ind 99 SL 97 Tgt 104-108.

Buy Chambal Fert 60 SL 59 Tgt 63-66.

Buy ICSA 189 SL 185 Tgt 194-199.

Buy L&T 1687 SL 1667 Tgt 1710-1729.

Buy Uco 59 SL 57 Tgt 62-65.

Buy Dena Bank 91 SL 88 Tgt 95-98.

Buy IDBI 137 SL 134 Tgt 142-148.

Buy IndusInd 145 SL 141 Tgt 152-156.

Buy RCom 185 SL 182 Tgt 191-199.

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