Intraday tips and market outlook for 25th May.

>> Monday, May 25, 2009

US markets ended flat.
Europe ended positive.
Asia has opened mixed.
Expect the Indian markets to open flat to positive.
The support for the Sensex is 13611 and the resistance to the up move is at 14215-14452
Nifty: (4239) the support for the Nifty is at 4155 and the resistance to the up move is at 4350-4650


Day Trading Ideas :

SCI
Buy above 131 for targets of 135 and 138 with SL of 127
Sell below 125 for targets of 122 and 119 with SL of 127

HDIL
Buy above 309 for targets of 313 and 317 with SL of 303
Sell below 301 for targets of 296 and 291 with SL of 304

LNT
Buy above 1312 for targets of 1318 and 1329 with SL of 1303
Sell below 1301 for targets of 1290 and 1282 with SL of 1306

Happy Investing!

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