Archives : DAILY MARKET OUTLOOK : 22/01/2009

DAILY MARKET OUTLOOK : 22/01/2009.

Atlast the market has broken the range on the downside and so any rally should be to short the market. The Nifty will face severe resistance at 2753.

Sensex Resistance 8894-8946-9037-9162. Support 8689-8624-8467-8316.

Nifty Resistance 2730-2753-2774-2812. Support 2674-2646-2570.

Sell Tata Power 714 SL 730 Tgt 689-671-630.

Sell HDFC Bank 889 SL 907 Tgt 871-862-845.

Sell HDFC 1373 SL 1396 Tgt 1350-1337-1316.

Sell Educomp 1526 SL 1655 Tgt 1376-1226.

Sell ICICI 369 SL 389 Tgt 355-342.

Sell Nag Const 53 SL 56 Tgt 48-46.

Sell Reliance 1119 SL 1160 Tgt 1075-1032.

Sell Rel Cap 394 SL 403 Tgt 372-326.

Sell RNRL 49 SL 51 Tgt 46-44.

Sell Bharati 583 SL 610 Tgt 576-556.

Sell SBI 1081 SL 1108 Tgt 1059-1043-1021.

Sell BoI 240 SL 246 Tgt 228-223.

Sell Bhel 1349 SL 1380 Tgt 1327-1302.

Sell Siemens 199 SL 208 Tgt 187-183.

 


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