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Friday, 23 September 2011

Today's Market Summary and OverView for 26th sept,2011 - Kedar K Murdeshwar

23rd Sept,2011 Friday

Market Update
Sensex: 16162 (-199 points down)
Nifty: 4867.75 (-55.90)
Dollar: 50.01 (1.04)
Gold: 27562 (-353 points down)

Support and Resistance levels for Nifty for Monday (26th Sept,2011)

Support: 4820,4774 and 4719
Resistance/; 4920,4975 and 5021

Nifty ended -1.18% from yesterday and was down -4.30% from last week

Nifty may open down on Monday and may bounce back in the later hours.

The best stocks in NSE today were WSI (15.15%),NagreekExp (14.51%) and Neclife (12.24%)
The worst stocks in NSE today were Sanwaria (-15.75%),UcalFuel (-9.64%) and Apaper (-9.34%).

Nifty Pullers and Draggers
Draggers: TataPower (-5.46%),Hindalco 9-3.95%) and Cairn (-3.47%)
Pullers : Rpower (3.43%),Cipla (2.25%) and Grasim (2.07%)

Buy Calls For Monday: Dynamatech Target 1064///Concor Target 945///Ruchi Soya Target 119///Sterlite Biotech Target 80///Ipca Labs Target 278






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