Archives : DAILY MARKET OUTLOOK : 02/09/2009

DAILY MARKET OUTLOOK : 02/09/2009.

As mentioned yesterday, the market is very closely following the global markets and as the global markets are weak, we can expect a weak opening and testing of the strong support at 4535.

Sensex Resistance 15631-15752-15908. Support 15399-15284-15235-14973.

Nifty Resistance 4647-4685-4733. Support 4575-4535-4509-4479.

Sell ACC 780 SL 795 Tgt 769-752.

Sell Abb 740 SL 752 Tgt 727-712.

Sell JsW Steel 669 SL 685 Tgt 648-636.

Sell HCC 105 SL 108 Tgt 101-97.

At Lower Levels, one can buy

Buy Renuka 203 SL 199 Tgt 209-213.

Buy Maruti 1540 SL 1499 Tgt 1582-1607.

Buy Tata Motors 516 SL 507 Tgt 528-535.

Buy IOC 589 SL 583 Tgt 602-622.


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