Intraday tips and market outlook for 21st April.

>> Tuesday, April 21, 2009

US markets have cracked badly.
Europe also ended low.
Asia has opened weak.
Expect Indian Markets to open negative.
The pull back in the Indian markets would depend on Asian peers.
Support for NIFTY 3284.2 and 3330.6
Resistance for upmove 3432.25 and 3487.5

Day Trading Ideas -

GMR Infra
Buy above 123 for targets of 126 and 128
Sell below 116 for taregts of 114 and 111.35

Unitech
Buy above 55.20 for targets of 56.50 and 57.90
Sell below 52.50 for targets of 51.10 and 50.25

DLF
Buy above 234 for targets of 238 and 241
Sell below 226 for targets of 222 and 219

0 comments: