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04-Sep-15
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Market out look for Friday

Up move continue in market...................

Yesterday as mentioned in this column that bounce back in the market as it was over sold and negative divergence on the chart. Some more up side and likely Nifty will test 7900-7940 range and Bank Nifty will test 17000 or above in near term till the earlier
low broken which is placed at Nifty 7763 and Bank Nifty 16218.

Some stocks to be watch out..........
Union Bank...........sell on rise..........
Bank of india...............sell on rise............
PNB..............sell on rise.............
Bank of Baroda..............buy on decline with stop loss.........
Axis Bank.......................buy above and sell below..............
BHEL................buy above and sell below....................
SBI...............sell o nrise.............
Tata Steel............sell on rise.....................
Tata Motor..............buy on decline with strict stp loss............
Infosys...............sell on rise.......................
Sun Pharma............sell on rise............

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