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MARKET OUTLOOK 16-08-2010

US Markets closed negative.Europe markets also ended lower.Asian markets are trading weak.Expect Indian Markets to open flat.Nifty: (5452) Support 5386 and Resistance 5495

INTRADAY BEEPS

Buy Neyveli Lignite, SL Rs 156, target Rs 181.
Buy Adani Enterprises, SL Rs 594, target Rs 688.

Delivery Beeps

Buy South Indian Bank Target 230
Buy Hanung Toys  Target 300

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