Archives : DAILY MARKET OUTLOOK : 05/01/2009
 
DAILY MARKET OUTLOOK : 05/01/2009.
The Nifty needs to close above the Trendline Line Resistance at 3095, for a Inverted Head & Shoulders Breakout. On Breakout, the targets will be 3240-3335-3397.
Sensex Resistance is at 10053-10239-10570-10760. Support is at 9768-9631-9528-9210.
Nifty Resistance is at 3095-3161-3240-3335. Support is at 2996-2922-2873-2812.
Buy Walchand Nagar 123 SL 116 Tgt 134-148.
Buy Alstom Proj 263 SL 255 Tgt 273-286-300.
Buy L&T 825 SL 805 Tgt 858-884-904.
Buy LIC Hsg 245 SL 238 Tgt 258-267.
Buy LITL 166 SL 158 Tgt 174-179.
Buy REL 629 SL 615 Tgt 660-675-702.
Buy Chambal Fert 41 SL 39 Tgt 44-47.
Buy Core Proj 62 SL 57 TGT 67-73.
Buy HCC 57 SL 54 Tgt 62-65.
Buy ABB 490 SL 477 Tgt 513-538.
Buy IndusInd Bank 41 SL 38 Tgt 45-48.
Buy Crompton 149 SL 142 Tgt 157-163.
Buy GVK Power 24 SL 23 Tgt 27-30.

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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