Intraday tips and market outlook for 26th May.

>> Tuesday, May 26, 2009

US markets ended flat.
Europe ended mixed.
Asia had opened flat and now is in negative zone.
Expect a flat top gap down opening on the Indian Markets.
The support for the Sensex is 13611 and the resistance to the up move is at 14215-14452 Nifty: (4238) the support for the Nifty is at 4155 and the resistance to the up move is at 4350-4650

Day Trading Ideas :

RNRL - Buy above 83.25 for targets of 84.45 and SL of 82.10

DLF - Buy above 355 for target of 362 and SL of 345

HCC - Buy above 107.45 for targets of 109.10 and SL of 105.25

HDIL - Sell below 289 for targets of 286 and 284 with SL of 293

Happy Investing !

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