MARKET OUTLOOK 14-01-2010

MARKET EXPECTING A VOLATILE MOVEMENT FOR THE TRADING DAY,NIFTY HAVE A SUPPORT IN 5180 -5165 VEVELS A MINOR RESISTANCE IN 5260-5275 LEVELS , NOW ADAYS MARKET SEEMS TO A DAY TRADERS MARKET ,

EXPECTING A POSITIVE TRIGGER FOR THE METAL SECTOR,SELECTIVE MIDCAPS,IT , BANKS STILL IN WEAK TRENT

DAY TRADERS WINE

BUY SASKEN@196 STRICT SL 188 TGT 205-208

BUY BHUSHANSTEEL@1657 SL 1642 TGT 1680 -1685

BUY JINDALSWHL@2010 SL 1988 TGT 2080-2085

SHORT TERM PICKS

CASTROL @620 SL 588 TGT 670

DCB@38 SL 32 TGT 48-50

HERITAGE FOOD 232 SL 214 TGT 280-290

OPTION TRADERS

BUY TATASTEEL 660 CALL@11 SL 7 TGT 16-17