Market outlook and intraday tips for 6th Jan.
>> Tuesday, January 6, 2009
Indian markets are bonded to open flat to negative.
Markets are well above 10250.
Crude is almost at 48$ a barrel.
The support for the Sensex is 10190 and the resistance to the up move is at 10324-10708
Nifty: (3121) the support for the Nifty is at 3100 and the resistance to the up move is at 3240
Day trading ideas –
Buy above 394 for targets of 402 and 408
Sell below 381 for targets of 375 and 370
IFCI
Buy above 27.10 for targets of 27.95 and 28.65
Sell below 25.10 for targets of 24.50 and 23.90
Jai Corp
Buy above 89.10 for targets of 90.15 and 91.25
Sell below 85.25 for targets of 84.50 and 83.70
Buy above 67.50 for targets of 68.45 and 69.80
Sell below 64.25 for targets of 63.45 and 62.25
Happy Investing!
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