Archives : DAILY MARKET OUTLOOK : 18/12/2009


Weak Global markets will help our markets open weak. The critical support level to watch out for will be Nifty 5000 and Sensex 16800.

Sensex Resistance 16943-17007-17097. Support 16826-16721-16635..

Nifty Resistance 5064-5087-5107. Support 5004-4968-4932.

Buy Crompton 419 SL 414 Tgt 427-434.

Buy HCL Tech 358 SL 354 363-370.

Buy ACC 866 SL 854 Tgt 878-903.

Buy OFSS 2226 SL 2196 Tgt 2262-2299.

Buy Cipla 354 SL 348 Tgt 362-370.

Buy Infosys 2559 SL 2545 Tgt 2583-2607.

Buy TCS 722 SL 716 Tgt 734-740.

Buy Dr Reddy 1174 SL 1160 Tgt 1190-1207.

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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