Market outlook and trading ideas for 15 Oct.
>> Wednesday, October 15, 2008
US markets ended mixed. Nifty: (3519) the support for the Nifty is at 3468 and the resistance to the up move is at 3620-3702-3751
Asian markets have opened marginally lower.
We may have a flat to gap down opening.
Yesterday we opened excellent as I predicted but we saw profit booking which was the reason for the markets to give up all its gain.
The support for the Sensex is 11180 and the resistance to the up move is at 11761-12230
RNRL
Buy above. 59.45 for targets of 61.90 & 64.20
Sell below 55.55 for targets of 53.20 & 51.45
Punj Llyod.
Buy above 218 for targets of 225 & 232
Sell below 209 for targets of 206 & 203
Happy Investing.
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7 comments:
The site / blog is lookin god.
Your tips are also good.
Thanks.
Best of Luck.
Thank you Ranjit.
sir,
i am a regular visitor for your site..and now its shaping too good.
if i can say some thing as advise ..so please wait till the opening of asian markets to post market out look , so that we can have value of your 100% accurate calculations.you are great at it sir
Ok will try and do so.
thanks.
Sir,
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Thanks Alex.
Thanks guys for your support.
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