Archives : DAILY MARKET OUTLOOK : 28/09/2010


Now it is the time for Steel and Metal sector to join the party. One needs to exercise caution in the broader market due to the formation of a bearish shooting star on the index.

Sensex Resistance 20165-20241-20293. Support 20045-19973-19901.

Nifty Resistance 6051-6069-6091. Support 6018-6001-5983.

Buy Videocon Ind 272 SL 269 Tgt 278-284.

Buy SBi 3180 SL 3148 Tgt 3218-3257.

Buy JsW Steel 1319 SL 1300 Tgt 1342-1365.

Buy OBC 458 SL 452 Tgt 467-476.

Buy HindZinc 1126 SL 1111 Tgt 1142-1159.

Buy Welspun Guj 265 SL 262 Tgt 271-278.

Buy United Bank 118 SL 116 Tgt 122-127.

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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