Market Outlook and day trading ideas for 28th Oct.

>> Tuesday, October 28, 2008

US markets were volatile yesterday.
Europe is trading mixed DAX is having a good time around.
Asia had a good day. Heng Seng is up more than 12%.
We will have a good Diwali today.
The support for the Sensex is 8048 and the resistance to the up move is at 8677-8979
Nifty: (2524) the support for the Nifty is at 2440 and the resistance to the up move is at 2570-2667
I hope markets cross 9000 mark today itself.
Don't indulge in any trade as there is only one hour of trading.

Stock to watch for are
LNT , Unitech , IndiaBulls Realestates , Godrej , HDFC Bank , SBI Bank.

I am not giving levels.

Happy Investing.
Happy Diwali.

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