Intraday tips and market outlook for 10th June.

>> Wednesday, June 10, 2009

US markets ended mixed after GM gets a new chairman.
Asia is trading higher.
Expect the Indian markets to open higher.

NIFTY Technicals
Yesterday we saw markets zooming up!
Nifty TRIN - 0.354
Nature - Range Bounded.
Support - 4423 & 4295.45
Resistance - 4620.5 & 4690.15

Day trading ideas :

MTNL - Buy above 113 for targets of 115 and 116.50 keep a SL of 111.

GAIL - Buy above 295 for targets of 298 and 301 keep a SL of 293.

HMT - Buy above 76 for targets of 78 and 79 keep a SL of 74.

Happy Investing !

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