Intraday Tips and Market outlook for 22nd of April.

>> Wednesday, April 22, 2009

US markets ended higher after a weak start.
Europe ended mixed.
Asia has opened marginally negative.
Expect Indian Markets to open flat to negative.
NIFTY Support at 33115 and 3257
Resistance at 3416 and 3468

Day Trading Ideas -

IDFC
Buy above 77.25 for targets of 79.10 and 80.90
Sell below 73.45 for targets of 71.90 and 70.50

REC
Buy above 110.25 for targets of 112 and 113.50
Sell below 106.10 for targets of 105.20 and 104.45

RPL
Buy above 107.50 for targets of 109.10 and 110.25
Sell below 104.20 for targets of 103.10 and 101.90

Happy Investing.

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