Day trading strategies and ideas for the day 23rd Sept.

US markets cracked badly yesterday at a 4% odd level. Be prepared for gap down opening.
Asian markets will surely follow the American trend.
Even Crude bounced back to 108$ per barrel.
Avoid short selling at any levels.
Nifty has a good support at 4120 ,3980.
Stocks to look are
Buy IFCI at 38.30 for targets of 39.30 , 40.50 , 41.40 and a Stop loss (SL) of 37.20 .

For positional trade buy Marksans Pharma at around 13.70 for 5-7 days for 20% up move.
Yesterday Punj Llyod was in SELL category as it opened at its 2nd target. RNRL targets achieved.
Happy Investing.

Stock Quotes Here.