Archives : DAILY MARKET OUTLOOK : 05/05/2009

DAILY MARKET OUTLOOK : 05/05/2009.

Market is expected to continue with its bullish strength today, but one should adopt a stock specific approach. Volatility will be high as we approach the target for this rally.

Sensex Resistance 12284-12472-12536. Support 12028-11723-11410.

Nifty Resistance 3715-3790-3842. Support 3634-3596-3521.

Buy Century Tex 252 SL 241 Tgt 265-277.

Buy Ind Info 82 SL 79 Tgt 88-94.

Buy ICICI 529 SL 513 Tgt 538-564.

Buy Unitech 49 SL 47 Tgt 54-56.

Buy Infosys 1628 SL 1585 Tgt 1660-1690.

Buy Tulip IT 475 SL 459 Tgt 491-508.

Buy Tech Mah 335 SL 315 Tgt 354-367.

Buy Fin Tech 792 SL 727 Tgt 830-860.

Buy Nag Const 74 SL 72 Tgt 79-83.

Buy IDFC 85 SL 83 Tgt 88-91.

Buy Crompton 176 SL 170 Tgt 186-194.

Buy Bajaj Hind 82 SL 80 Tgt 88-95.

Buy Rel Cap 565 SL 549 Tgt 581-596.

Buy Kotak 423 SL 410 Tgt 441-469.

Buy Guj Alkali 82 SL 81 Tgt 85-89.


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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