Archives : DAILY MARKET OUTLOOK : 04/08/2010

DAILY MARKET OUTLOOK : 04/08/2010.

The market is once again consolidating in a small range. Nifty range is currently between 5400-5460. Anybreach of 5400 will lead the Nifty to test the support of 5350 and in case of upward break above 5460, Nifty can reach 5520.

Sensex Resistance 18167-18237-18315. Support 18072-18030-17975.

Nifty Resistance 5459-5477-5504. Support 5426-5409-5382.

Buy Kotak 801 SL 791 Tgt 817-835.

Buy IOB 119 SL 116 Tgt 123-127.

Buy Balrampur Chini 85 SL 84 Tgt 88-91.

Buy Bhel 2467 SL 2453 Tgt 2491-2519.

Buy Jai Corp 265 SL 260 Tgt 274-283.

Buy Adani Ent 622 SL 606 Tgt 639-656.


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