Archives : DAILY MARKET OUTLOOK : 16/03/2010

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.

 


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