Market outlook and day trading ideas for 13th oct.

>> Monday, October 13, 2008

US markets ended flat after a chopsy section.
Europe was down almost 5% +.
Asia faced a bad time ever.
RBI has cut CRR by 150 Bps which will bring 60,000 crores in the markets from 11 Oct.
Which means we would have a green start and forget about the end.

Day trading ideas.
RNRL
Buy above 53.40 for targets of 55.80 & 57.30
Sell below 49.40 for targets of 47.90 & 46.25
ICICI Bank.
Buy above 371 for targets of 380 & 389.
Sell below 342 for targets of 336 & 329.

Book profits at every rise.
Happy Investing.

Stock Quotes

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