Archives : DAILY MARKET OUTLOOK : 08/09/2010


Nifty was able to close above 5600 yesterday. Nifty has managed to reach a medium target and hence one can expect the Nifty to show some volatility, but as the momentum increases, any dip will be bought by the bulls.

Sensex Resistance 18711-18777-18844. Support 18571-18497-18375.

Nifty Resistance 5625-5646-5676. Support 5580-5538-5513.

Buy Renuka Sugar 72 SL 71 Tgt 75-79.

Buy Bajaj Hind 122 SL 121 Tgt 125-129.

Buy Balrampur Chini 90 SL 88 Tgt 94-98.

Buy JsW Steel 1219 SL 1207 Tgt 1233-1249.

Buy Century Tex 522 SL 512 Tgt 535-550.

Buy BGR 852 SL 844 Tgt 868-884.

Buy L&T 1876 SL 1864 Tgt 1895-1917.

Buy Tata Sponge Iron 353 SL 346 Tgt 370-387.

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