Market outlook and day trading ideas for 17th Nov.
>> Monday, November 17, 2008
US markets on Friday were lower.
Europe was up.
Asia has opened mixed.
We may have a flat to negative opening.
The support for the Sensex is 9267-8940 and the resistance to the up move is at 9705
Nifty: (2810) the support for the Nifty is at 2746-2630 and the resistance to the up move is at 2900
Day trading Ideas -
RCom
Buy above 220 for targets of 226 & 233
Sell below 213 for targets of 207 & 200
HDIL
Buy above 115 for targets of 122 & 127
Sell below 110 for targets of 103 & 98
DLF
Buy above 244 for targets of 252 & 258
Sell below 232 for targets of 228 & 224
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Happy Investing.
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