Archives : DAILY MARKET OUTLOOK : 05/04/2010


Expectations are high as the market closed strongly on Thursday. Sensex needs a close above 17800 and Nifty above 5329 to gain further momentum.

Sensex Resistance 17793-17894-18047. Support 17620-17555-17488.

Nifty Resistance 5329-5368-5394. Support 5270-5235-5214.

Buy HDFC 2782 SL 2764 Tgt 2824-2865.

Buy Patel Eng 464 SL 458 Tgt 475-490.

Buy Nag Cons 167 SL 163 Tgt 173-180.

Buy Titan 1872 SL 1852 Tgt 1902-1937.

Buy Tata Steel 652 SL 642 Tgt 667-687.

Buy Hind Zinc 1241 SL 1221 Tgt 1265-1292.

Buy Bhushan Steel 1744 SL 1716 Tgt 1787-1821.

Buy Havells 622 SL 606 Tgt 644-664.

Buy Gitanjali 120 SL 118 Tgt 125-130.

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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