Archives : DAILY MARKET OUTLOOK : 27/01/2010


Nifty just about managed a close above the 5000 level mark. But the Sensex closed just below the trendline support and as a result there will be very choppy moves seen in the market.

Sensex Resistance 16877-16944-17025. Support 16705-16630-16577..

Nifty Resistance 5035-5063-5094. Support 4983-4959-4943.

Sell M&M 1071 SL 1085 Tgt 1041-1018.

Sell DLF 344 SL 349 Tgt 337-325.

Sell Hero Honda 1621 SL 1648 Tgt 1588-1545.

At Lower Levels One Can Buy:

Buy Jai Corp 301 SL 281 Tgt 333-352.

Buy Havells 581 SL 570 Tgt 598-613.

Buy Orbit 349 SL 337 Tgt 361-375.

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