>> Monday, April 20, 2009
US markets ended almost flat on Friday.
Europe ended marginally positive.
Asia has opened negative.
Expect the Indian Markets to open in the same manner.
We may see a high volatility in the markets.
The support for the Sensex is 10662-10444 and the resistance to the up move is at 11255
Nifty: (3384) the support for the Nifty is at 3303-3238 and the resistance to the up move is at 3451
Day Trading Ideas -
Buy above 54.25 for targets of 56.20 and 58.75
Sell below 50.20 for targets of 49.10 and 46.85
Buy above 875 for targets of 882 and 895
Sell below 856 for targets of 848 and 841
Buy above 236 for targets of 242 and 248
Sell below 228 for targets of 224 and 219
Indian OverSeas Bank
Buy above 68.50 for targets of 69.90 and 72.10
Sell below 64.25 for targets of 63.10 and 61.50