Archives : DAILY MARKET OUTLOOK : 17/07/2009

DAILY MARKET OUTLOOK : 17/07/2009.

Once again the market will test the resistance levels today but it will be interesting to see if the market can close above resistances.

Sensex Resistance 14314-14390-14476-14526. Support 14169-14089-14016-13946.

Nifty Resistance 4275-4305-4321-4365. Support 4205-4179-4143-4092.

Buy Aban 844 SL 816 Tgt 908-975.

Buy GSPL 58 SL 56 Tgt 62-66.

Buy McDowell 920 SL 896 Tgt 954-980.

Buy Century Tex 403 SL 397 Tgt 420-436.

Buy Opto Ckt 169 SL 165 Tgt 176-181.

Buy Maruti 1142 SL 1125 Tgt  1164-1179-1208.

Buy Sun TV 232 SL 226 Tgt 240-250.

Buy NTPC 205 SL 203 Tgt 210-215.

Buy Fin Tech 1280 SL 1255 Tgt 1350-1398.

At Higher Levels Go Short in:

Sell L&T 1379 SL 1402 Tgt 1362-1305.

Sell ACC 794 SL 812 Tgt 778-767.

Sell Sterlite Ind 590 SL 610 Tgt 574-555.

Sell ReL Infra 1060 SL 1095 Tgt 1032-1007.


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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