Intraday tips and market outlook for 4th June.

US markets ended lower.
Europe ended lower.
Asia has opened in negative zone.
Expect the Indian markets to open negative.
Inflation data could also decide the markets trend.

The support for the Sensex is 14650 and the resistance to the up move is at 15150-15580
Nifty: (4531) the support for the Nifty is at 4500 and the resistance to the up move is at 4560-4789

Day Trading Ideas :

LNT : Buy above 1418 for targets of 1429 and 1438 SL of 1409

IFCI : Sell below 52.90 for targets of 52.10 and 51.50 SL of 53.35

Happy Investing !