Intraday tips and Market outlook for 15th Dec.

>> Monday, December 15, 2008

US markets ended a positive note. Europe ended mixed.

Asia has opened higher note. It has opened with a gap up of over 3%.

Now Asian markets are making new highs.

Expect India to have a gap up opening.

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

Nifty: (2920) the support for the Nifty is at 2860 and the resistance to the up move is at 3113


Day trading Ideas.


LNT

Buy Above 793 for targets of 810 and 816

Sell below 766 for targets of 759 and 752


Hindalco

Buy Above 53.25 for targets of 54.15 and 55.30

Sell below 51.10 for targets of 50.50 and 49.60


Rajesh Export

Buy Above 26.70 for targets of 27.80 and 28.90

Sell below 24.85 for targets of 24.10 and 23.15


Unitech

Buy Above 35.15 for targets of 36.50 and 37.10

Sell below 32.90 for targets of 31.90 and 31


Shree Renuka Sugars

Buy Above 63.50 for targets of 64.80 and 65.90

Sell below 61.25 for targets of 60.20 and 59.10


Happy Investing.

4 comments:

Garry.H December 15, 2008 at 11:09 AM  

Hi Chirag.

What an accuracy man...
U have done a mistake.
See this.
"
LNT

Buy Above 793 for targets of 710 and 716

Sell below 766 for targets of 759 and 752
"
It should have been targets of 810 and 816...
But neverthless no issues.
Urs targets is hit.
Thanks I made a super profit...
Day's H/L (Rs) 816.50 - 794.00

Thanks Again..

Garry.H December 15, 2008 at 11:13 AM  

More Over Hindalco is up 8%.
Unitech is up 10 %/....
Shree Renuka Sugars Ltd. is up 4 %...
Thanks for them also..
I will follow your calls every day...

Chirag December 15, 2008 at 11:18 AM  

Thanks Garry.
I have just sent an SMS about it.
M sorry I have done that mistake in LNT.
Would be careful next time.
Thanks for being alert and informing me.

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