Intraday tips and Market outlook for 11th Dec.

>> Thursday, December 11, 2008

US markets ended positive after a volatile secession.

Europe ended mixed.

Asia has opened marginally lower. I expect Indian markets to open flat to negative.

Today inflation is to come out.

Keep booking profits at every levels.

Yesterday FII’s were net buyers of over 900 Cr. So we may open positive only.

The support for the Sensex is 9450 and the resistance to the up move is at 10000-10324.

Nifty: (2928) the support for the Nifty is at 2860 and the resistance to the up move is at 3113.

Day Trading ideas for 10th Dec.

RPL

Buy above 79 for targets of 81 and 82.50

Sell below 74 for targets of 71.90 and 70.10

IRB Infrastructure.

Buy above 89 for targets of 91.25 and 93.60

Sell below 84.20 for targets of 82.10 and 80.50

Sun TV Network.

Buy above 176 for targets of 178 and 180

Sell below 168 for targets of 166.50 and 165.10

Have you ever benefited from my ideas? If yes please post a comment bellow.

Happy Investing.

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4 comments:

R.G. Patel December 11, 2008 at 7:32 AM  

Yes Chirag I have benefited from your tips a couple of times. The most recent one was from DLF , yesterday only.
Thanks.
keep Going.

harmil December 11, 2008 at 8:38 AM  

Dude all your tips and news are really very helpful for me.. Everyday before the market starts your tips and market outlook is the first thing i refer .. thanx mate .. god bless ..

p s shinde December 11, 2008 at 12:44 PM  

very nice recommendations on both side

Chirag December 11, 2008 at 1:28 PM  

Thank you people for your loyal support.
I will try and give you more accuracy from my side and moreover more stock ideas in coming days as I feel few stocks are worth buying as of now.
Thanks People