Market outlook and day trading ideas for 20th Nov.
>> Thursday, November 20, 2008
US markets have cracked badly down over 5%.
Asia has opened weak.
Asia is down on an average of 4%.
I expect a weak opening.
The support for the Sensex is 8649-8393 and the resistance to the up move is at 8940-9130
Nifty: (2619) the support for the Nifty is at 2542-2464 and the resistance to the up move is at 2680
Day trading ideas.
Look out for stocks such as RNRL , RPL , Ispat , IFCI mostly volume buzzers.
I am not giving levels today as it is advisable not to trade.
Happy Investing.
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