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Archives : DAILY MARKET OUTLOOK : 24/06/2010

DAILY MARKET OUTLOOK : 24/06/2010.

Midcaps were shining yesterday when the market was moving sideways. Today being expiry expect the volatility to increase and short covering wiil be the order of the day.

Sensex Resistance 17826-17919-18047. Support 17697-17629-17566.

Nifty Resistance 5248-5638-5399. Support 5305-5288-5267.

Buy Punj Lloyd 126 SL 124 Tgt 131-136.

Buy Essar Oil 131 SL 130 Tgt 135-140.

Buy Praj Ind 81 SL 80 Tgt 84-88.

Buy Godrej Ind 159 SL 157 Tgt 166-173.

Buy FSL 27.60 SL 27 Tgt 28.70 - 30.35.

Buy IBReal 154 SL 152 Tgt 159-165.
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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