Market outlook and intraday tips for 7th Jan.
>> Wednesday, January 7, 2009
US markets ended mixed after a volatile secession.
Expect Indian markets to open a higher note.
The support for the Sensex is 10190 and the resistance to the up move is at 10708
Nifty: (3113) the support for the Nifty is at 3100 and the resistance to the up move is at 3240
Day trading ideas –
TCS
Buy above 513 for targets of 518 and 524
Sell below 501 for targets of 496 and 490
Unitech
Buy above 46.90 for targets of 47.80 and 48.90
Sell below 43.20 for targets of 42.50 and 41.85
Satyam
Buy above 183 for targets of 186 and 189
Sell below 176 for targets of 173 and 171
Happy Investing!
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