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More recommandation for Indian stock market 12/03/2009

Thursday, March 12, 2009 | | |

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RECOMMENDATIONS
1) TCS (463)
Support at 458 and 452. (Buy at declines) Resistance at 468, above it can test 474 and 488.

2) INFOSYS (1202)
Resistance at 1215 and 1230. Above, it may test 1245 and 1268. Support at 1185 and 1172. (Buy at declines)

3) HDFC (1255)
Minor resistance at 1268, above it may test 1278 and 1299. Support at 1238 and 1255. (Buy above 1265)

4) PNB (304.20)
Resistance at 309, if moves up with volumes, it may test 315 and 321. Support at 299 and 292. (Buy with a stop loss below
292)

5) HUL (216)
Resistance at 221 and 225.(sell at higher) Support at 214, below it may test 210 and 205.

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