Archives : DAILY MARKET OUTLOOK : 08/03/2010


Market is likely to test the resistance zone around Nifty 5152-5182. Momentum is rising and so any decline will be a buying opportunity.

Sensex Resistance 17097-17171-17290. Support 16936-16888-16820.

Nifty Resistance 5118-5148-5181. Support 5068-5048-5016.

Buy JsW 1196 SL 1180 Tgt 1218-1241.

Buy Educomp 714 SL 704 Tgt 726-742.

Buy Jindal Steel 696 SL 686 Tgt 713-732.

Buy Bhushan Steel 1743 SL 1717 Tgt 1788-1829.

Buy BEL 2057 SL 2021 Tgt 2108-2166.

Buy Grasim 2813 SL 2787 Tgt 2857-2889.

Buy Hero Honda 1870 SL 1843 Tgt 1918-1964.

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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