Archives : DAILY MARKET OUTLOOK : 04/03/2010


Market has gone from strength to strength and as a result both Sensex and Nifty have closed above their 50dma. Any decline will be an opportunity to buy in the market.

Sensex Resistance 17092-17195-17290. Support 16892-16847-16778.

Nifty Resistance 5110-5152-5181. Support 5056-5042-5015.

Buy Siemens 697 SL 680 Tgt 713-722.

Buy JSW Steel 1146 SL 1120 Tgt 1178-1200.

Buy OFSS 2292 SL 2275 Tgt 2343-2379.

Buy Bajaj Auto 1878 SL 1858 Tgt 1906-1934.

Buy OBC 302 SL 295 Tgt 311-318.

Buy Dena 86 SL 84 Tgt 90-93.

Buy Mundra Port 714 SL 703 Tgt 732-751.

Buy McDowell 1445 SL 1422 Tgt 1473-1500.

Buy Union Bank 266 SL 262 Tgt 273-279.

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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