Intraday Tips and Market outlook for 27th of April.

>> Monday, April 27, 2009

US markets ended higher note.
Europe also ended higher.
Asia is trading mixed.
Expect Indian markets to open higher or flat.
The support for the Sensex is 11200 and the resistance to the up move is at 11639
Nifty: (3481) the support for the Nifty is at 3440 and the resistance to the up move is at 3734

Day Trading Ideas -

HDIL
Buy above 156 for targets of 158 and 161
Sell below 149 for targets of 144 and 142

Adani Enterprise Ltd
Buy above 449 for targets of 456 and 461
Sell below 435 for targets of 431 and 427

Reliance Power
Buy above 136 for targets of 139 and 142
Sell below 129 for targets of 126 and 124

Lanco Infratech Ltd
Buy above 245 for targets of 247 and 250
Sell below 234 for targets of 231 and 227

Happy Investing !

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