Archives : DAILY MARKET OUTLOOK : 10/06/2010

DAILY MARKET OUTLOOK : 10/06/2010.

Yesterday was a very volatile and choppy session and the market could not sustain the gains made in the morning session as the Nifty ended below the 200dma for the second consecutive day. The first positive step for the market will be a close above the 200dma.

Sensex Resistance 16757-16825-16943. Support 16560-16494-16373.

Nifty Resistance 5029-5067-5098. Support 4980-4960-4929.

Buy Everonn 398 SL 391 Tgt 412-430.

Buy Voltas 189 SL 186 Tgt 194-199.

Buy Dr.Reddy 1466 SL 1441 Tgt 1493-1522.

Buy Opto 232 SL 230 Tgt 237-242.


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