Archives : DAILY MARKET OUTLOOK : 28/10/2010


Yesterday the market bounced back somewhat and Nifty managed a close above 6000. Today being expiry, volatility is bound to be high. Nifty will gain strength if it trades above 6050. On the lower side, support can be expected around 5960.

Sensex Resistance 20088-20208-20327. Support 19923-19841-19771.

Nifty Resistance 6035-6073-6101. Support 5987-5962-5932.

Buy Colgate 874 SL 867 Tgt 894-915.

Buy Hexaware 86 SL 85 Tgt 89-92.

Buy Titan 3587 SL 3541 Tgt 3649-3712.

Buy MRF 9540 SL 9472 Tgt 9700-9876.

Buy Bharti Ship 272 SL 267 Tgt 279-288.

Buy Excel Crop 305 SL 298 Tgt 315-327.

Buy Hind Oil 251 SL 245 Tgt 258-266.

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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