Indian Market outlook:-

Indian equities are expected to get a  open IN GREEN and will  remain range bound in latter session.  
Technically nifty as an intraday resistance at-4839-4932 levels and Support is seen at 4687- 4627 levels.
The SGX nifty is trading up by 42 points at 4790
Curcialsupport is seen at 4703
FII's were net  sellers rs 226 cr in case market  (26-08)

Market may open with a positive note and is expected to trade sideways to negative.

 SENSEX (15848)

Sensex has support at 15745 and 15700. Resistance at 15940 and 15983.

NIFTY (4747)

Resistance at 4764, 4778, 4800 and 4833. Support at 4727 and 4700.

RECOMMENDATIONS

1)     SUN PHARMA (465)

   Support at 463 if moves down it may test 459 and 448. Resistance at 471 and 476. (Sell at higher)

2)     WIPRO (320)

    Resistance is at 324 and 329. Support at 317 below it may test 310 and 307. (Sell at higher)

3)     RELIANCE INFRA (416)

Support at 409 below 405. Resistance at 419 above 424 and 429. (Buy for delivery)

4)  ACC (992)

   Resistance at 996 above 1005 and more.  Support at 986 below 973. (Buy at declines)

5)     RANBAXY  (454)

   Resistance is there at 458 above 467. Support at 449 below 445 and 431. (Sell at higher)

DERIVATIVE STRATEGIES

         

  SELL RANBAXY FUTURES AROUND 458 LEVELS

    

   BUY RELIANCE INFRA FUTURES AROUND 409 LEVELS