Archives : DAILY MARKET OUTLOOK : 16/09/2009

DAILY MARKET OUTLOOK : 16/09/2009.

Market has managed a close above the resistance as the Nifty has closed above 4889. Banking stocks continue their bull run.

Sensex Resistance 16546-16702-16858. Support 16361-16214-16053.

Nifty Resistance 4913-4970-5000. Support 4862-4808-4783.

Buy Jsw Steel 767 SL 753 Tgt 785-825.

Buy Jindal Steel 616 SL 602 Tgt 635-648.

Buy Sesa Goa 262 SL 254 Tgt 270-283.

Buy BoB 486 SL 478 Tgt 493-501.

Buy Educomp 4211 SL 4159 Tgt 4309-4374.

Buy Tulip IT 1047 SL 1025 Tgt 1074-1090-1135.

Buy MindTree 601 SL 574 Tgt 621-648.

Buy Chennai Petro 240 SL 236 Tgt 246-254.

Buy ING Vysya 278 SL 272 Tgt 296-318,

Buy Areva 315 SL 305 Tgt 322-332.

Buy L&T 1629 SL 1607 Tgt 1660-1698.

Buy IOB 105 SL 102 Tgt 111-115.

Buy Allahabad Bank 113 SL 108 Tgt 118-125.


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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