Archives : DAILY MARKET OUTLOOK : 16/04/2009

DAILY MARKET OUTLOOK : 16/04/2009.

Nifty has managed to close above the 200dma and the Sensex is just near that. If both the indices close above the 200 dma for two days, then one can expect rally gaining further bullish momentum.

Sensex Resistance 11390-11501-11870. Support 11133-10938-10719.

Nifty Resistance 3510-3554-3617. Support 3438-3382-3311.

Buy Bata 124 SL 119 Tgt 132-142.

Buy ICSA 121 SL 116 Tgt 129-138.

Buy JP Ass 122 SL 117 Tgt 128-135.

Buy Alstom Proj 346 SL 338 Tgt 362-371.

Buy Aptech 117 SL 115 Tgt 127-133.

Buy Cairn 207 SL 203 Tgt 218-226.

Buy SBI 1294 SL 1252 Tgt 1324-1352.

Buy REL 716 SL 676 Tgt 775-851.

Buy Siemens 303 SL 295 Tgt 312-324.

Buy OFSS 852 SL 814 Tgt 882-930.

Buy IDBI 61 SL 58 Tgt 65-70.

Buy NiiT Tech 67 SL 64 Tgt 71-76.

Buy RCom 229 SL 220 Tgt 238-245-255.

Buy Suzlon 68 SL 66 Tgt 72-75.

Buy HCC 60 SL 58 Tgt 65-68.


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