Archives : DAILY MARKET OUTLOOK : 01/02/2010

DAILY MARKET OUTLOOK : 01/02/2010.

Market will be volatile and Nifty will find support around 4800 levels and resistance will be around 4920-4943. Any rally will see smart recovery in banking stocks due to short covering.

Sensex Resistance 16423-16524-16605. Support 16264-16148-15982..

Nifty Resistance 4904-4929-4954. Support 4854-4817-4767.

Buy BoB 575 SL 568 Tgt 587-603.

Buy Siemens 642 SL 628 Tgt 663-676.

Buy OBC 265 SL 259 Tgt 272-278.

Buy Indian Bank 179 SL 172 Tgt 185-189.

Buy Crompton 433 SL 428 Tgt 442-454.

Buy HMT 86 SL 82 Tgt 94-101.

Buy NFL 124 SL 117 Tgt 133-142.

Buy RCF 103 SL 97 Tgt 112-118.


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