Intraday Tips and Market outlook for 1st June
>> Monday, June 1, 2009
State of global markets :
US markets ended positive.
Europe ended flat to positive.
Asia has opened positive.
Indian Market may open positive with a gap up opening.
NIFTY :
Current Spot - 4448.25
Support - 4363.7 and 4278.55
Resistance - 4511 and 4573.12
Day Trading Ideas :
Siemens :
Buy above 496 for targets of 504 and 511 with a SL of 489
Sell below 485 for targets of 478 and 471 with a SL of 491
IFCI :
Buy above 47.10 for targets of 48.05 and 49.20 SL of 46.10
Sell below 44.90 for targets of 43.85 and 42.50 SL of 45.85
RPL :
Buy above 146 for targets of 147.50 and 149.10 SL of 144.90
Sell below 142 for targets of 140.85 and 139.25 SL of 143.10
Happy Investing !
Recent Research Reports :
M&M
Apollo Tyres
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