Archives : DAILY MARKET OUTLOOK : 29/09/2009


The market is likely to remain in the range of 4904-5034 today with a slight upward bias. Pharma stocks are showing strength.

Sensex Resistance 16767-16812-16943. Support 16610-16494-16419.

Nifty Resistance 4978-4994-5034. Support 4931-4904-4872.

Buy Auro Pharma 745 SL 720 Tgt 761-790.

Buy IDBI 124 SL 121 Tgt 129-134.

Buy Patel 514 SL 496 Tgt 531-548.

Buy Divis 567 SL 559 Tgt 578-592.

Buy Ranbaxy 409 SL 403 Tgt 419-431.

Buy Glaxo 1576 SL 1529 Tgt 1629-1663.

Buy Sun Pharma 1308 SL 1284 Tgt 1331-1369.

Buy Educomp 4448 SL 4361 Tgt 4566-4590-4791.

Buy Balaji 76 SL 72 Tgt 84-93.


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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