Archives : DAILY MARKET OUTLOOK : 21/05/2010


Panic in global market will make sure our market too open with a big gap down. The Nifty being below the 200dma is certainly not helping the market.

Sensex Resistance 16617-16715-16777. Support 16373-16210-16074.

Nifty Resistance 4980-5023-5053. Support 4908-4869-4833.

Sell JsW Steel 1066 SL 1088 Tgt 1036-1012.

Sell McDowell 1191 SL 1202 Tgt 1170-1148.

Sell Tata Steel 508 SL 519 Tgt 492-475.

Sell DLF 271 SL 275 Tgt 261-252.

Sell Grasim 2522 SL 2547 Tgt 2471-2423.

Sell Mphasis 637 SL 648 Tgt 623-610.

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