Archives : DAILY MARKET OUTLOOK : 15/12/2009

DAILY MARKET OUTLOOK : 15/12/2009.

Sideways Consolidation continues. Focus on IT companies along with Cement and Capital Goods which are showing strength.

Sensex Resistance 17152-17208-17275. Support 17032-16943-16820.

Nifty Resistance 5135-5156-5182. Support 5075-5051-5003.

Buy Infosys 2498 SL 2482 Tgt 2538-2572.

Buy Wipro 658 SL 649 Tgt 667-676.

Buy Bajaj Auto 1783 SL 1767 Tgt 1817-1852.

Buy UltraTech 899 SL 885 Tgt 920-950.

Buy ACC 858 SL 844 Tgt 866-880.

Buy Grasim 2457 SL 2430 Tgt 2491-2519.

Buy Ind Cem 120 SL 118 Tgt 124-129.

Buy L&T 1699 SL 1691 Tgt 1727-1754.

Buy Bhel 2409 SL 2385 Tgt 2448-2467.

Buy Siemens 560 SL 551 Tgt 570-579.

Buy LiTL 597 SL 584 Tgt 611-632.

Buy Orchid 213 SL 209 Tgt 218-222.


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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