Market outlook & Day trading ideas for 24th Sept.

>> Wednesday, September 24, 2008

US markets remained extremely volatile.
Berkshire Hathway (Warren Buffets Company) buying 5 billion$ stake in Goldman Sachs.
US markets down 1-1.5% down.
Asia open flat to negative.
Expect the same here.
We will see a flat to negative opening.
Yesterday I gave OnMobiles Report it opened at 450 and went to 522 by 12 noon. Cheers.
Trading ideas for the day

GMR Infra.
Buy above 89.95 for targets of 91.55 , 93.15 ,94.50.
Sell below 88.15 for targets of 86.35 and 84.75.
Austral Coke & Projects.
Buy above 215 for targets of 230 and 242.
Sell below 209 for targets of 199 and 192.
(PS - Keep proper SL)

Happy Investing.
Stock Quotes Here.

1 comments:

Anonymous September 24, 2008 at 4:34 PM  

Good accuracy sir.
I benefited from Austral Coke.
Bout 100 got 22 Rs profit per share.
Thank you.