Archives : DAILY MARKET OUTLOOK : 19/02/2010


Market could not break the resistance at 4951 and closed below 4900 decisively. FED has increased the rates and as a result our markets will be weak in line with other Asian markets. Idea is to be on the sidelines and trade in sectors like Fertilisers and Oil Marketing Companies.

Sensex Resistance 16423-16480-16577. Support 16247-16129-15982.

Nifty Resistance 4911-4929-4951. Support 4855-4814-4766.

Buy RCF 105 SL 102 Tgt 109-112.

Buy Tata Chem 291 SL 285 Tgt 301-309.

Buy Chambal Fert 71.30 SL 70.10 Tgt 74.40 - 75.60.

Buy Nag Fert 36.00 SL 35.10 Tgt 37.60 - 38.75.

Buy Titan 1825 SL 1790 Tgt 1875-1904.


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