Market Outlook and day trading ideas for 21st Oct.

US Markets rallied excellent yesterday.
Indian markets yesterday had an volatile section.
Markets expected to open positive today.
The support for the Sensex is 9700 and the resistance to the up move is at 10919-11542

Nifty: (3123) the support for the Nifty is at 3000-2907 and the resistance to the up move is at 3313-3478

IDFC
Buy above 52.20 for targets of 54 & 55.60
Sell below 50.10 for targets of 49 & 47.90
SBI
Buy above 1435 for target of 1452
Sell below 1410 for targets of 1398 & 1380
Orchid Chemicals
Buy above 135 for targets of 138 & 142
Sell below 130 for targets of 127 & 124

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