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    Market Outlook - Oct 19, 2010


    • Nifty would face a resistance around 6132 and 6175
    • Redemption pressures are seen across the globe.
    • Refer the support level 5980 mentioned in my earlier posts offered a good support.
    • Market would be choppy and volatile
    • Trade with stock specific approach or join me at Genie Buzz & post your views
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    Nifty Levels for 19/10/2010

    R3 6305 R2 6220 R1 6176 P 6092 S1 6048 S2 5963 S3 5919

    Positive Break Outs on 18/10/2010

  • Reliance Power
  • Oil Country
  • Reliance Infra
  • Hind Motors
  • HDFC Bank

    • Negative Break outs on 18/10/2010

  • Tata Comm
  • Adani Enterpris
  • Bajaj Holdings
  • Ruchi Soya
  • LIC Housing

    • Never Trade without stoploss