Market outlook

As I wrote in previous post about Markets in 2010, market giving off its gains for 150-200 points in Nifty. And that's the sign of consolidation.

By technical charts Nifty has resistance @ 5300 levels & has immediate support level @ 5180 & 5120 levels.

People who are trading on Nifty can take the long position once Nifty touches 5150 levels.

And some investment scripts for 2010...

1. Aban offshore
2. Axis Bank
3. Bharti Airtel
4. Chambal Fertilizer
5. Jaipraksh Associates & hydro
6. Kesoram Industries
7. NMDC
8. Neyveli Lignite
9. Rajesh Exports
10. Shree renuka sugars/Bajaj Hindustan
11. Adhunik metaliks
12. Suzlon
13. United Breweries & UB holding
14. Sesa goa
15. Rolta
16. Punj Llyod

Bottom line:

It doesn't mean that we have to all these above mentioned stocks in our portfolio, so please track the stocks & depending upon ur requirement & comfort ability you can have some of the above stocks...