Intraday Tips and Market outlook for 21st May.

US markets ended lower.
Europe ended mixed.
Asia is trading negative.
Expect the Indian Markets to open flat to positive.
The support for the Sensex is 13800 and the resistance to the up move is at 14452-16046
Nifty: (4270) the support for the Nifty is at 4150 and the resistance to the up move is at 4650-4775


Day Trading Ideas -

HCC
Buy above 102 for targets of 108 and 112. SL 98
Sell below 94 for targets of 89 and 86. SL of 98

RNRL
Buy above 77 for targets of 79 and 82. SL of 75
Sell below 72 for targets of 70 and 68/ SL of 74

IFCI
Buy above 44 for targets of 45 and 46.50
Sell below 42 for targets of 41.10 and 40.25

Happy Investing!