Market outlook and day trading ideas for 10th Nov.

>> Monday, November 10, 2008

US markets rallied on Friday. Though its jobless unemployment dad has reached to a crucial level.

Asian markets have opened positive.

We are bond to open positive.

The support for the Sensex is 9631-9321-8938 and the resistance to the up move is at 10000-10755

Nifty: (2973) the support for the Nifty is at 2863-2746-2630 and the resistance to the up move is at 2975-3115-3239

Stocks to look out for today are.

IFCI

Buy above 20.60 for targets of 21.50 & 22.70

Sell below 19.25 for targets of 18.50 & 17.45

Rajesh Export

Buy above 30.70 for targets of 31.90 & 33.40

Sell below 29.10 for targets of 28 & 26.90

SBI

Buy above 1255 for targets of 1270 & 1285

Sell below 1240 for targets of 1230 & 1219

Happy Investing !


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