Archives : DAILY MARKET OUTLOOK : 06/01/2009

DAILY MARKET OUTLOOK : 06/01/2009.

Market has given a breakout. So the strategy should be to buy on declines. Some profit booking can be expected in the zone of 3161-3198.

Sensex Resistance 10337-10570-10750. Support 10145-10029-9910.

Nifty Resistance 3141-3161-3198-3240. Support 3081-3070-3046-2989.

Buy IFCI 26 SL 25 Tgt 28-30.

Buy Jindal Steel 997 SL 974 Tgt 1019-1048-1065.

Buy Mercator 39 SL 38 Tgt 42-48.

Buy Moser Baer 82 SL 78 Tgt 86-90.

Buy LiTL 173 SL 169 Tgt 179-187.

Buy Ongc 725 SL 717 Tgt 741-778.

Buy Tcs 515 SL 503 Tgt 531-539-553.

Buy BemL 378 SL 370 Tgt 388-409.

Buy AdLabs 201 SL 194 Tgt 211-225.

Buy JP Ass 93 SL 91 Tgt 97-99.

Buy Tata Steel 245 SL 236 Tgt 254-280.

Buy SaiL 89 SL 86 Tgt 95-98.

Buy L&T 855 SL 820 Tgt 884-904-929.

Buy Bhel 1438 SL 1424 Tgt 1473-1490.

Buy RelCap 605 SL 575 Tgt 654-694.

Buy RCom 263 SL 254 Tgt 271-289.

Buy RiL 1365 SL 1322 Tgt 1402-1425-1465.

Buy ReL 666 SL 652 Tgt 687-702.

 


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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