DAILY MARKET OUTLOOK : 16/03/2010.
The trading range for the market is getting narrower by the day. The Nifty is trading volatile in a small range of 5090-5150. Traders tend to lose more in such markets as invariably the stoplosses get triggered. Traders need to be on the sideline till a breakout is witnessed or trade in small quantity.
Sensex Resistance 17195-17244-17290. Support 17097-17027-16943.
Nifty Resistance 5151-5184-5214. Support 5110-5092-5074.
Buy Educomp 735 SL 727 Tgt 746-758.
Buy CESC 411 SL 406 Tgt 417-428.
Buy Shree Cem 2312 SL 2278 Tgt 2350-2402.
Buy Chennai Petro 264 SL 261 Tgt 269-275.
Buy HindZinc 1273 SL 1259 Tgt 1291-1314.
Buy UltraTech 1113 SL 1104 Tgt 1126-1139.
Buy Infosys 2701 SL 2682 Tgt 2723-2748.
Buy Wipro 728 SL 719 Tgt 743-755.