Intraday tips and market outlook for 1st April.

>> Wednesday, April 1, 2009

US markets ended higher.
Asian markets are also trading higher.
Expect Indian Markets to open positive.
Volatility expected in todays trade.

The support for the Sensex is 9332 and the resistance to the up move is at 9900

Nifty: (3021) the support for the Nifty is at 2900 and the resistance to the up move is at 3050

Day Trading Ideas -

Suzlon Energy
Buy above 43.90 for targets of 44.85 and 45.55
Sell below 40.25 for targets of 39.50 and 38.45

Praj Industry
Buy above 59.25 for targets of 60.80 and 61.75
Sell below 55.25 for targets of 54.20 and 53.85

Other stocks worth todays trade - IFCI , ICICI, RPL, RNRL, Reliance Energy.