Archives : DAILY MARKET OUTLOOK : 15/06/2010


Market showed good strength as it managed a close above the resistance zone of 5150-5170. Traders should now look at buying on dips for a possible Nifty target of 5300 in the short term.

Sensex Resistance 17389-17486-17576. Support 17280-17230-17158.

Nifty Resistance 5212-5235-5260. Support 5182-5165-5142.

Buy RCom 179 SL 177 Tgt 184-190.

Buy ReLInfra 1160 SL 1154 Tgt 1178-1197.

Buy ReLCap 722 SL 711 Tgt 744-763.

Buy RPower 167 SL 164 Tgt 174-181.

Buy HDFC Bank 1973 SL 1961 Tgt 1990-2010.

Buy Bajaj Hind 111 SL 109 Tgt 116-121.

Buy Balrampur Chini 79 SL 78 Tgt 83-87.

Buy JPHydro 66 SL 65 Tgt 69-73.

Buy Infosys 2746 SL 2726 Tgt 2782-2824.

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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