Archives : DAILY MARKET OUTLOOK : 21/01/2010


Testing of the Nifty Support zone is on the cards because of weak global markets. One can expect some kind of bounce from the Nifty support zone of 5180-5152.

Sensex Resistance 17590-17712-17790. Support 17425-17361-17276..

Nifty Resistance 5256-5292-5335. Support 5201-5180-5160.

Buy Bajaj Auto 1820 SL 1798 Tgt 1854-1873.

Buy SunTV 408 SL 387 Tgt 431-443.

Buy Bhushan Steel 1702 SL 1677 Tgt 1734-1752.

Buy Kotak 875 SL 864 Tgt 887-895.

Buy Havells 609 SL 587 Tgt 632-654.

Buy Walchand 282 SL 270 TGt 294-303.

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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