Archives : DAILY MARKET OUTLOOK : 15/03/2010

DAILY MARKET OUTLOOK : 15/03/2010.

Market is moving in a narrow range between 5090-5156. Slugishness sets in near the higher end of the range. Avoid taking big positions until a clear breakout of the trading range is signalled.

Sensex Resistance 17237-17290-17361. Support 17126-17086-17027.

Nifty Resistance 5156-5181-5214. Support 5122-5107-5092.

Buy Sterlite Ind 827 SL 811 Tgt 849-873.

Buy HindZinc 1250 SL 1236 Tgt 1277-1293.

Buy IDFC 166 SL 163 Tgt 172-178.

Buy PFC 265 SL 261 Tgt 271-276.

Buy Cairn 276 SL 270 Tgt 283-290.

Buy Jindal Saw 215 SL 211 Tgt 222-228.

Buy Crew Bos 83 SL 80 Tgt 88-93.

Buy Chennai Petro 254 SL 248 Tgt 262-269.


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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