>> Wednesday, November 5, 2008
US markets had a good time and rallied over 3% on the Elections day.
Indian Markets yesterday indulged in buying and banks reducing their lending rate i.e PLR (Prime Lending rate).
Europe markets are up 4 - 5%.
Asia is trading higher.
Heng Seng is up over 6%.
Indian markets are ought to open higher at lest 3% .
The support for the Sensex is 10370 and the resistance to the up move is at 10763-11402
Nifty: (3142) the support for the Nifty is at 3060 and the resistance to the up move is at 3239-3278
Stocks to look today are.
buy around 29.10 for targets of 30.90 & 31.50
Sell below 27.50 for targets of 26.85 & 25.50.
This scrip was given yesterday at 24.65 and CMP is 29 was up more than 18% in one day.
Other stocks to look are.
Rajesh Export , Reliance , HDIL , Indiabulls real estate , LNT , Praj , MRF
Few more stock to look today are RNRL , RPL , IFCI & RCom.
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