Archives : DAILY MARKET OUTLOOK : 29/12/2009


Market in a Xmas mood and that will propel the Nifty above the crucial level 5200. Watch out for some more short covering as the expiry nears.

Sensex Resistance 17493-17674-17735. Support 17269-17198-17084.

Nifty Resistance 5216-5254-5298. Support 5151-5129-5100.

Buy Tata Steel 615 SL 605 Tgt 626-638.

Buy Nag Cons 165 SL 161 Tgt 172-178.

Buy HCC 151 SL 146 Tgt 157-162.

Buy BeML 1091 SL 1075 Tgt 1137-1153.

Buy DCHL 171 SL 163 Tgt 179-186.

Buy NTPC 229 SL 225 Tgt 235-241.

Buy Sail 237 SL 232 Tgt 243-250.

Buy Siemens 579 SL 571 Tgt 591-605.


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