Intraday tips and market outlook for 13th April.

>> Monday, April 13, 2009

US markets ended a higher note on Friday.
Europe also ended a higher note.
Asia has opened mixed.
Expect Indian Markets to open flat to positive.
The support for the Sensex is 10650 and the resistance to the up move is at 11113-11295
Nifty: (3342) the support for the Nifty is at 3260 and the resistance to the up move is at 3451
Satyam will finally get a new buyer today.

Day Trading Ideas -

JP Hydro Power
Buy above 41.55 for targets of 42.85 and 43.65
Sell below 39.50 for targets of 38.10 and 37.45

Reliance Infra
Buy above 659 for targets of 666 and 671
Sell below 645 for targets of 640 and 636

Buy above 23.10 for targets of 24.25 and 24.90
Sell below 22.25 for targets of 21.50 and 20.85

Happy Investing!