Archives : DAILY MARKET OUTLOOK : 17/12/2008

DAILY MARKET OUTLOOK : 17/12/2008.

Market has closed above the 50dma and so expect strong upside momentum.

Sensex Resistancce 10065-10239-10511. Support 9906-9848-9790.

Nifty Resistance 3063-3161-3198-3240. Support 2999-2963-2917-2860.

Buy Bhel 1403 SL 1365 Tgt 1428-1442-1467.

Buy Educomp 2299 SL 2265 Tgt 2351-2390.

Buy HCC 48 SL 46 Tgt 51-58.

Buy Balrampur Chini 46 SL 45 Tgt 49-51.

Buy Skumar 28 SL 26 Tgt 30-33.

Buy WWiL 13 SL 12 Tgt 14-17.

Buy RiiL 404 SL 385 Tgt 419-434.

Buy RPower 123 SL 120 Tgt 128-138.

Buy Cairn 170 SL 166 Tgt 176-189.

Buy Essar Oil 92 SL 89 Tgt 97-101.

Buy NTPC 174 SL 171 Tgt 183-186-189.

Buy Patel Engg 165 SL 157 Tgt 181-188-193.

Buy Sobha 112 SL 108 Tgt 120-123-142.


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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