Intraday Tips and Market outlook for 5th of May.

US markets ended positive.
Europe ended mixed.
Asian markets are trading positive.
Expect the Indian markets to open positive.
The support for the Sensex is 11640 and the resistance to the up move is at 12569-12857
Nifty: (3654) the support for the Nifty is at 3500 and the resistance to the up move is at 3735-3820

Day Trading Ideas -

TCS
Buy above 674 for targets of 681 and 688
Sell below 650 for targets of 645 and 639

GMR Infra
Buy above 119 for targets of 123 and 125
Sell below 110 for targets of 107 and 105

HDIL
Buy above 161 for targets of 164 and 168
Sell below 154 for targets of 151 and 146

Unitech
Buy above 51 for targets of 52.45 and 53.60
Sell below 47.45 for targets of 46.85 and 45.50

Happy Investing !