Archives : DAILY MARKET OUTLOOK : 21/04/2010


The market breathed a sigh of relief as the RBI raised interest rates by 25bps only as against the expectations of 50bps. Expect some short covering rally in the financial and real estate stocks.

Sensex Resistance 17560-17679-17793. Support 17406-17352-17276.

Nifty Resistance 5257-5284-5310. Support 5212-5194-5160.

Buy IBReal 168 SL 165 Tgt 173-179.

Buy Unitech 83 SL 81 Tgt 86-90.

Buy Strides 362 SL 356 Tgt 372-383.

Buy ABB 859 SL 850 Tgt 871-881.

Buy GEShip 333 SL 325 Tgt 344-358.

Buy BGR 574 SL 563 Tgt 588-606.

Buy Adani 522 SL 515 Tgt 533-547.

Buy MSK Proj 177 SL 173 Tgt 185-191.


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