Archives : DAILY MARKET OUTLOOK : 06/03/2009

DAILY MARKET OUTLOOK : 06/03/2009.

Market will go down as important support levels are breached. Now Nifty will find it extremely difficult to cross 2612 levels.

Sensex Resistance 8230-8311-8406. Support 8135-7921-7697.

NIfty Resistance 2609-2629-2652. Support 2552-2502-2426.

Sell Bhel 1283 SL 1310 Tgt 1263-1242-1213.

Sell ICICI 270 SL 279 Tgt 262-257.

Sell Reliance Ind 1149 SL 1180 Tgt 1118-1065.

Sell Bharati 589 SL 598 Tgt 576-553.

Sell Rel Cap 306 SL 326 Tgt 259-246.

Sell L&T 568 SL 605 Tgt 553-512.

Sell HDFC 1151 SL 1192 Tgt 1126-1105.

Sell HDFC Bank 801 SL 822 Tgt 781-741.


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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