>> Friday, January 2, 2009
US Markets were closed yesterday.
Asian Markets are trading higher.
Indian markets are now bonded to open positive.
The support for the Sensex is 9925-9750-9715 and the resistance to the up move is at 9990-10324
Nifty: (3035) the support for the Nifty is at 3000 and the resistance to the up move is at 3075-3113
Yesterday we bounced back and if we cross 10200 we may see 10650 in near term.
Day trading ideas.
Buy above 46.50 for targets of 47.50 and 48.90
Sell below 42.25 for targets of 41.20 and 40.40
Buy above 188 for targets of 192 and 198
Sell below 174 for targets of 170 and 164
Buy above 252 for targets of 255 and 259
Sell below 243 for targets of 240 and 238
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