Archives : DAILY MARKET OUTLOOK : 26/07/2010


I would like to wish all my students for their wonderful wishes on the auspicious occasion of Guru Poornima yesterday. I am blessed to have students like all of you. May you all succeed and become successful in all that you try. Always remember success of a teacher lies in the success of his students. So Best wishes and Best Luck.

Nifty has strong support at 5350 and as long as Nifty remains above that level, it will try and touch the resistance of 5512. Banking and Capital Goods stocks are showing strength.

Sensex Resistance 18181-18237-18290. Support 18056-17987-17919.

Nifty Resistance 5461-5478-5505. Support 5421-5399-5382.

Buy BeL 1848 SL 1831 Tgt 1879-1911.

Buy Bharti Air 313 SL 309 Tgt 321-330.

Buy Alstom Proj 704 SL 684 Tgt 729-754.

Buy ICICI 912 SL 905 Tgt 927-941.

Buy Core Proj 278 SL 273 Tgt 288-299.

Buy Uco Bank 91 SL 89 Tgt 95-99.

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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