Intraday Tips and Market Outlook for 3rd Dec.

>> Wednesday, December 3, 2008

US markets were up and rallied almost 3%.

Europe was up on an average of 1.5%.
Asia has opned positive.
We may have a gap up to a flat opening.

The support for the Sensex is 8500 and the resistance to the up move is at 8898-8998

Nifty: (2658) the support for the Nifty is at 2650 and the resistance to the up move is at 2860-3113


Day Trading ideas.

LNT

Buy above 682 for targets of 690 and 698

Sell below 661 for targets of 655 and 649


Aban Offshores

Buy above 645 for targets of 651 and 656

Sell below 632 for targets of 628 and 624


Unitech 

Buy above 26.10 for targets of 27.05 and 27.80

Sell below 24.20 for targets of 23.60 and 23.10


Happy Investing.

1 comments:

Sravan Ali. December 3, 2008 at 8:12 AM  

Hi Chirag this is Sravan from your college man.
Your levels are magic levels.
My dad come to your site every day and told me about this. When I see I found its your site. Good achievement.
Keep Going.