Archives : DAILY MARKET OUTLOOK : 26/11/2009

DAILY MARKET OUTLOOK : 26/11/2009.

Market may see short covering in the second half of todays trading. Buy stocks which are showing strong rollovers to take advantage of any short covering.

Sensex Resistance 17248-17290-17382. Support 17124-17050-16923.

Nifty Resistance 5138-5168-5182. Support 5097-5078-5052.

Buy BeL 1728 SL 1708 Tgt 1754-1777.

Buy L&T 1650 SL 1638 Tgt 1670-1708.

Buy BPCL 576 SL 565 Tgt 590-601.

Buy IOB 121 SL 118 Tgt 125-230.

Buy Orchid 189 SL 183 Tgt 195-200.

Buy Maruti 1621 SL 1609 Tgt 1657-1674.

Buy Hero Honda 1724 SL 1707 Tgt 1748-1765.

Buy Bajaj Auto 1542 SL 1522 Tgt 1564-1590.

Buy LMW 1606 SL 1572 Tgt 1650-1700.


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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