Indian market outlook and daytrading ideas for 26th Nov.

Markets may open Positive.

Indian markets witnesed another chopsy day yesterday.

US marketes ended mixed.

Europe ended green.

Asia has opned mixed and I expect markets to open flat.

Indian markets will witness a selling preasure very soon.

Be aware.

Levels to watch out for BSE Sensex are - Support at 8700 and 8450 and resistance for upmove at 9635 and 10200

Levels on NIFTY -  Support at 2550 and resistance for upmove at 2865 and 3110

Day trading ideas.

HDIL

Buy above 77.90 for targets of 79 and 81

Sell below 74 for targets of 72 and 70

REI Agro (BSE Code - 532106  )

Buy above 450 for targets of 478 and 515

Sell below 420 for targets of 398 and 380

Unitech

Buy above 28.90 for targets of 29.90 and 32

Sell below 27.90 for targets of 27.10 and 26.10

Sesa Goa

Buy above 69 for targets of 72 and 73.90

Sell below 62 for targets of 60 and 58.50

Happy Investing.

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