Archives : DAILY MARKET OUTLOOK : 19/12/2008

DAILY MARKET OUTLOOK : 19/12/2008.

Market looking strong. Buy on declines for a strong upmove. Nifty now headed towards 3161-3167.

Sensex Resistance 10144-10239-10477-10570. Support 9911-9810-9710-9633.

Nifty Resistance 3084-3161-3198. Support 3007-2967-2922.

Buy IBReal 143 SL 132 Tgt 151-162.

Buy IOC 405 SL 395 Tgt 416-431.

Buy BPCL 367 SL 358 Tgt 385-404.

Buy HPCL 271 SL 258 Tgt 281-286.

Buy Abb 459 SL 451 Tgt 477-525.

Buy Bhel 1433 SL 1378 Tgt 1455-1501.

Buy Educomp 2608 SL 2555 Tgt 2732-2825-2868.

Buy HCC 47 SL 46 Tgt 52-57.

Buy RPower 124 SL 120 Tgt 130-136.

Buy RNRL 55 SL 51 Tgt 59-63.

Buy Mercator 33 SL 31 Tgt 37-39.

Buy Ind Info 52 SL 48 Tgt 59-61.

Buy Jet Air 166 SL 158 Tgt176-186.


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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