Archives : DAILY MARKET OUTLOOK : 18/01/2010

DAILY MARKET OUTLOOK : 18/01/2010.

Global markets are weak and our markets will open weak. Support exists around 5232-5214 levels and some bounce can be expected from there.

Sensex Resistance 17616-17735-17790. Support 17484-17361-17276.

Nifty Resistance 5270-5298-5330. Support 5232-5214-5180.

Buy BeML 1207 SL 1186 Tgt 1239-1269.

Buy SCI 172 SL 167 Tgt 179-186.

Buy Alstom Proj 506 SL 595 Tgt 618-632.

Buy TCS 791 SL 784 Tgt 807-822.

Buy FinTech 1620 SL 1586 Tgt 1687-1728.

Buy Cent Tex 587 SL 577 Tgt 605-621.

Buy KSOiL 75 SL 73 Tgt 79-84.


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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