Archives : DAILY MARKET OUTLOOK : 12/03/2010


Nifty is finding strong support around 5090 and it seems a short term base is in place. Yesterday the Nifty just managed to touch the resistance level of 5152 in the last few minutes of trade due to short covering. Nifty is now heading towards strong resistance around 5182.

Sensex Resistance 17263-17361-17494. Support 17088-17027-16943.

Nifty Resistance 5171-5202-5227. Support 5112-5092-5068.

Buy Educomp 732 SL 724 Tgt 746-757.

Buy Sterlite Ind 821 SL 809 Tgt 832-849.

Buy Grasim 2883 SL 2865 Tgt 2911-2940.

Buy Fortis 177 SL 173 Tgt 185-192.

Buy Voltas 170 SL 166 Tgt 179-187.

Buy Infosys 2682 SL 2665 Tgt 2708-2737.

Buy Core Proj 262 SL 254 Tgt 276-289.

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