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Monday 26 September 2011

Daily Market Updates and Tommorow's Overview - Kedar K Murdeshwar

26th Sept,2011 Monday

Today's Update

Nifty:4835.40 (-32.35 pts down)
Sensex:16051.10 (-110.96 pts down)

Gold: 25940 (-776 pts down) (MCX)
INR-USD: 50.54

Dow: 10771.48
Nasdaq: 2483.23
Hanseng:17407.80
CAC:2867.30
FTSE:5093.95

Overview

This week opened weak.

The Intraday support levels for Nifty for 27th Sept,2011 are 4768,4702 and 4647
The Intraday resistance levels for Nifty for 27th Sept,2011 are 4888,4944 and 5009

Nifty may be Volatile tomorow.

4720 is Crucial Bottom Support

Sterlite (-4.53%),Sesa Goa (-4.37%),Reliance Capital (-4.20%) were the Draggers for Nifty
DLF (3.72%),JpAssociate (3.12%),Ranbaxy (2.18%) were positive today in Nifty

Calls For Tomorrow (27th Sept 2011)
Bank Of Baroda:Target 815,Union Bank:Target 252
Buy Ranbaxy only above 483.Target: 488
Buy Mundra Port,Target:155


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