Market Outlook and day trading ideas for 4th Nov.

US markets end mixed because of elections.
Nikkei has opened strong as it was closed yesterday.
Other Asian markets are trading marginally lower.
Yesterday we had a good secession as all targets met.
Today I don't think rally will continue. Expect a flat to negative opening.
The support for the Sensex is 10110 and the resistance to the up move is at 10527-10763
Nifty: (3044) the support for the Nifty is at 3000 and the resistance to the up move is at 3036-3083-3115-3239

Day trading Ideas.
HDIL
Buy above 140 for targets of 143 & 146
Sell below 131 for targets of 128 & 125

Indiabulls Real Estate
Buy above 127 for targets of 131 & 134
Sell below 123 for targets of 120 & 117

SBI
Buy above 1218 for targets of 1230 & 1238
Sell below 1185 for targets of 1178 & 1171

Happy Investing!

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