Archives : DAILY MARKET OUTLOOK : 01/04/2010


Yesterday was the last trading day of the year and the market slipped again from higher levels. 5310 is proving difficult for the market to conquer, the market needs to close above that to gain upward momentum. On the downside 5187 is a strong support.

Sensex Resistance 17655-17699-17793. Support 17449-17356-17276.

Nifty Resistance 5279-5294-5329. Support 5221-5187-5169.

Buy Sesa Goa 470 SL 465 Tgt 478-485.

Buy BGR Energy 537 SL 526 Tgt 549-563.

Buy SRF 197 SL 194 Tgt 203-208.

Buy TVS Motors 82 SL 80 Tgt 86-91.

Buy AiA 400 SL 393 Tgt 411-421.

Buy Agee Gold 218 SL 212 Tgt 234-264.

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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