Market outlook and Intraday tips for 23rd Jan.
>> Friday, January 23, 2009
US markets down over 2%. The target for the Sensex is 7850 and the resistance to the up move is at 8940-9075 Nifty: (2714) the target for the Nifty is at 2686-2500 and the resistance to the up move is at 2758-2779 Day Trading Ideas NALCO Buy above 196 for targets of 198 and 201 Sell below 186 for targets of 184 and 181 Arvind Mills Buy above 14.55 for targets of 15.10 and 15.80 Sell below 13.10 for targets of 12.50 and 12.10 DLF Buy above 168 for targets of 172 and 176 Sell below 159 for targets of 156 and 152 Post on Squamble.
Asia has opened weak.
India is bonded to open week.
I expect a gap down opening on Indian Markets.
0 comments:
Post a Comment