MARKET IDEAS FOR 9-9-2014

09 September 2014

Expect 8214 & 8229 initially Crossover above 8229 decisive up move towards 8300+ will begin

AMBUJA CEM: Fresh huge up move on the card...Grab futures.

BSE index: (27320) Buy considering 27250 & 27180 crucial supports keeping stop loss of 27090. Upward side it'll surge up to 27437 & 27485-27531.

Nifty SEP Future: (8193) Buy considering 8168 & 8151 crucial supports keeping stop loss of 8125. Upward side it'll rush up to 8214 & 8229 initially. Crossover above 8229 it'll sustain on higher levels & flare up to 8252 & 8277.  Bank Nifty SEP Future: (16268) Buy considering 16191 a crucial support keeping stop loss of 16108. Upward side it'll spurt up to 16328 & thereafter to 16414 & 16521-16554.

AMBUJA CEM: (220) Just grab current futures considering 218.50 & 215 solid supports keeping stop loss of 214. All set to shoot up to 231 & 239 in hours only.

TATA COMM: (393) Just grab considering 389-388 a solid support keeping stop loss of 381. Upward side it'll spurt up to 408 & 417. IOC: (401) Just grab considering 395 a solid support keeping stop loss of 388. Upward side it'll spurt up to 408, 416 & 428. GODREJ IND: (355) Just grab considering 346 a solid support keeping stop loss of 342. Upward side it'll spurt up to 362, 368 & 380.  SBI: (2564) Just grab considering 2549 & 2535 solid supports keeping stop loss of 2527. Upward side it'll spurt up to 2613 & 2660. GLENMARK: (768) Buy keeping stop loss of 762. Upward side it'll spurt up to 778-780 & thereafter to 794 & 802.  HEXAWARE, WIPRO, TCS, HUL, VOLTAS, AUROBINDO & MARUTI:Looks good only