Market Outlook and Day trading ideas for 1st Oct.

>> Wednesday, October 1, 2008

US market rallied 5%. This was obvious on their part.
Asia will open Green and so will India.
In such a market one should not panic as these are the time to accumulate blue chips.
One should buy in dips and sell of in strong rallies.

Day trading ideas.
Orchid Chemicals
Buy above 215 for targets of 221 & 231. SL of 211.
Sell below 210 for targets of 202 & 195. SL of 214
Indiabulls RealEstate
Buy above 175 for targets of 179 & 185 . SL of 172
Sell below 167 for targets of 162 & 159. SL of 169
Balaji Tele.
Buy above 148 for targets of 155 & 158. SL of 145
Sell below 142 for targets of 138 & 135 . SL of 144

Happy Investing.
Stock Quotes Here.

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