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.

Receive free SMS from us. Click here.
Receive free Email Updates from us. 
Click here.

0 comments: