Archives : DAILY MARKET OUTLOOK : 17/03/2010


Finally after a week of consolidation, the market gave a breakout and moved out of the trading range. The rally was on the back of short covering, led by Reliance and Infosys.

Sensex Resistance 17486-17603-17790. Support 17283-17195-17061.

Nifty Resistance 5238-5279-5310. Support 5169-5138-5101.

Buy Tata Steel 627 SL 619 Tgt 638-651.

Buy Infosys 2732 SL 2718 Tgt 2757-2776.

Buy Grasim 2901 SL 2884 Tgt 2940-2988.

Buy Jindal Steel 694 SL 684 Tgt 707-720.

Buy RiL 1067 SL 1057 Tgt 1081-1096.

Buy Sterlite 830 SL 822 Tgt 844-859.

Buy Aban 1253 SL 1238 Tgt 1278-1313.

Buy Educomp 773 SL 762 Tgt 789-807.

Buy Sasken 187 SL 184 Tgt 193-201.

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