Market outlook for 28th Nov.

>> Friday, November 28, 2008

US markets were closed yesterday.

Europe was up 2% on an average.
Asia has opned marginally lower.
If markets open today we may see a negative to flat opening.
Support for Nifty is at 2550 and resistance for upmove at 2910 and 3200

Day Trading Ideas.

SBI 
Buy above 1115 for targets of 1126 and 1135
Sell below 1098 for targets of 1085 and 1075

LNT
Buy above 757 for targets of 768 and 779
Sell below 742 for targets of 732 and 726

Unitech
Buy above 26.20 for targets of 27.30 and 28.55
Sell below 23.10 nfor targets of 22.50 and 21.90

TCS 
Buy above 530 for targets of 538 and 549
Sell below 515 for targets of 504 and 497

ONGC
Buy above 705 for targets of 715 and 722 
Sell below 697 for targets of 692 and 685

Also look out for 

Happy Trading / Investing.

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