Gap up opening and profit booking : State of markets today 2nd June

State of Foreign markets:
US markets ended higher.
Europe ended higher too.
Asia has opened positive with a gap up opening.
Expect the Indian Markets to have a flat to positive opening.

NIFTY Magic levels :
NIFTY Spot - 4529.9
Support - 4471.10 and 4413.55
Resistance - 4566.7 and 4603.25

Day Trading Ideas :

LNT :
Buy above - 1420 for targets of 1431 and 1440 SL of 1410
Sell below - 1395 for targets of 1386 and 1379 SL of 1405

Aban Offshore :
Buy Above - 945 for targets of 952 and 959 SL of 936
Sell below - 910 for targets of 901 and 894 SL of 917

RNRL :
Buy above 89 for taregst of 89.90 and 90.75 SL of 88.10
Sell below 87 for targets of 86.10 and 85.45 SL of 87.75

Happy Investing!