Intraday Tips and Market outlook for 23rd of April.

>> Thursday, April 23, 2009

US markets ended mixed.
European markets ended higher.
Asian markets have opening mixed.
Expect Flat to positive opening in Indian Markets.
Support for NIFTY is at 3284 and 3238.
Resistance for NIFTY is at 3388 and 3446.
High volatility expected in todays trade.

Day Trading Ideas -

Unitech
Buy above 49.50 for targets of 52 and 53.50
Sell below 47.10 for targets of 46.20 and 45.50

Praj Ind.
Buy above 69.90 for targets of 71.50 and 73
Sell below 67.10 for targets of 66.25 and 65.10

RIIL
Buy above 658 for targets of 665 and 672
Sell below 649 for targets of 645 and 639

HDIL
Buy above 131 for targets of 135 and 138
Sell below 126 for targets of 122 and 119

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