Archives : DAILY MARKET OUTLOOK : 10/02/2010


Market is in a pull back mode led by IT and PSU stocks. Today also one can expect some sort of bounce in PSU stocks.

Sensex Resistance 16142-16210-16360. Support 15997-15930-15862..

Nifty Resistance 4828-4842-4889. Support 4774-4748-4723.

Buy RCF 106 SL 103 Tgt 110-115.

Buy Dredging Corp 666 SL 636 Tgt 679-696.

Buy Redington 308 SL 300 Tgt 316-323.

Buy BemL 1109 SL 1080 Tgt 1142-1172.

Buy Mphasis 722 SL 713 Tgt 742-753.

Buy STC 539 SL 517 Tgt 554-583.

Buy ITI 56 SL 54 Tgt 59-63.

Buy HMT 90 SL 86 Tgt 94-98.

Buy Neyvelli 151 SL 148 Tgt 155-158.

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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