Archives : DAILY MARKET OUTLOOK : 30/12/2010


Market finally managed a breakout when the Nifty closed above the 6030 level. The trend has turned up and now the Nifty will move towards the 6090 mark which is the 61.8% retracement of the last fall.

Sensex Resistance 20383-20461-20609. Support 20189-20082-19981.

Nifty Resistance 6084-6118-6151. Support 6041-6011-5982.

Buy Infosys 3404 SL 3392 Tgt 3426-3447.

Buy HindZinc 1328 SL 1309 Tgt 1346-1362.

Buy Hindalco 241 SL 239 Tgt 245-251.

Buy Jindal Steel 710 SL 704 Tgt 723-738.

Buy Aban 768 SL 755 Tgt 791-815.

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