Archives : DAILY MARKET OUTLOOK : 19/06/2009

DAILY MARKET OUTLOOK : 19/06/2009.

Market has strong support at Nifty 4180 and Sensex 14035. Expect some recovery from there.

Sensex Resistance 14389-14521-14630. Support 14188-14111-14002.

Nifty Resistance 4296-4357-4375. Support 4222-4185-4155.

Sell Patel 359 SL 372 Tgt 343-334.

Sell Rel Cap 883 SL 916 Tgt 860-835.

Sell Tata Steel 388 SL 399 Tgt 372-357.

Sell Bhel 2030 SL 2085 Tgt 1972-1920.

Sell Maruti 1031 SL 1064 Tgt 1019-995.

Sell LiTL 323 SL 333 Tgt 303-285.

Sell Hindalco 87 SL 92 Tgt 83-79.

At Lower Levels one can buy

Buy Tech Mah 783 SL 745 Tgt 818-860.

Buy Gt Offshore 389 SL 380 Tgt 405-435.

Buy Mphasis 368 SL 355 Tgt 386-402.

Buy Bal Chini 102 SL 99 Tgt 105-109.


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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