28 Oct 2010 Morning Market Updates 08:15
Today market will open flat or with a marginal fall. Asian markets are trading flat whereas Nasdaq closed with marginal gain and Dow closed with some losses. Spot Nifty has a strong support between 5965-5985 levels and immediate resistance is at 6070. Market may witness volatility as today is the last day of October month expiry. Similarly market eyes on RBI Credit policy which will be announced next week.
Daily Recommendations :
Buy Abirlanuvo Abv 848 sl 838 T 861
Buy GMRINfra sl 53 T 56
Buy ONGC at declines sl 1281 T 1330 P
Buy Pantaloonr Abv 483 sl 465 T 503
Buy Relinfra Abv 1078 sl 1070 T 1089
Buy Thermax sl 789 T 806
Sell ACC sl 996 T 983
Sell Ambujacem sl 141 T 138
Sell Bhusanstl Bel 515 sl 525 T 501
Sell Cumminsind Bel 736 sl 741 T 725
Sell Orchidchem Bel 326 sl 332 T 316
Sell PNB Bel 1321 sl 1335 T 1306
Hold Short Ranbaxy sl 597 T 584
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