Archives : DAILY MARKET OUTLOOK : 31/12/2009


Market is in celebration mode as today is the last day of the year. Also being an expiry, it will be interesting to see how much short covering is being witnessed.

Sensex Resistance 17426-17493-17537. Support 17301-17198-17097..

Nifty Resistance 5186-5214-5231. Support 5151-5129-5098.

Buy OFSS 2322 SL 2306 Tgt 2366-2399.

Buy NB Ventures 410 SL 405 Tgt 419-435.

Buy Bharat Forge 274 SL 269 Tgt 281-287.

Buy Sintex 278 SL 272 Tgt 286-294.

Buy Siemens 579 SL 573 Tgt 587-591.

Buy Sesa Goa 411 SL 405 Tgt 419-425.

Buy Cummins 422 SL 414 Tgt 434-441.

Buy Mercator 58 SL 57 Tgt 61-64.

Buy BEL 1914 SL 1881 Tgt 1942-1964.

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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