Archives : DAILY MARKET OUTLOOK : 14/09/2009


Nifty has strong support at 4783-4761. Banking stocks are looking strong especially the small and mid cap banks. Cement stocks and fertiliser stocks look weak.

Sensex Resistance 16337-16434-16548. Support 16130-16013-15793.

Nifty Resistance 4856-4889-4913. Support 4791-4761-4720.

Buy Dena Bank 56 SL 55 Tgt 59-62.

Buy Federal Bank 232 SL 225 Tgt 241-248.

Buy Bank Of Mah 42 SL 40 Tgt 46-50.

Buy Dhanlakshmi 159 SL 150 Tgt 175-184.

Buy Lakshmi Vilas 108 SL 104 Tgt 114-123.

Buy Central Bank 122 SL 116 Tgt 129-137.

Buy Guj Nre Coke 66 SL 63 Tgt 71-77.

At Higher Levels Go Short in:

Sell Grasim 2648 SL 2709 Tgt 2585-2545.

Sell Chambal Fert 52 SL 54 Tgt 50-47.


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