Archives : DAILY MARKET OUTLOOK : 01/09/2009

DAILY MARKET OUTLOOK : 01/09/2009.

Global markets are determining the direction of our market and as Asian markets improve, our market will follow suit. In the immediate term the range for Nifty is likely to be 4607-4752.

Sensex Resistance 15742-15821-15975. Support 15589-15512-15362.

Nifty Resistance 4681-4701-4752-4789. Support 4635-4607-4586.

Buy Ispat 23.50 SL 22.55 Tgt 25.65 - 27.10

Buy IDBI 103 SL 101 Tgt 109-113.

Buy IFCI 56 SL 55 Tgt 59-63.

Buy Renuka 198 SL 192 Tgt 207-213.

Buy Bajaj Hind 181 SL 177 Tgt 187-192.

Buy Chennai Petro 203 SL 196 Tgt 211-216.

Buy MRPL 85 SL 83 Tgt 89-93.

Buy REC 222 SL 217 Tgt 228-233.

Buy NTPC 212 SL 210 Tgt 217-225.

Buy Satyam 122 SL 118 Tgt 128-140.

Buy Tech Mah 948 SL 928 Tgt 970-1010.


Disclaimer : The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness.

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