>> Thursday, June 11, 2009
State of markets abroad :
US markets ended marginally lower.
Europe ended a bit higher.
Asia is trading flat to negative.
Expect the Indian markets to open positive.
NIFTY Technicals :
Trin at : 1.105
Nature is buy mode.
Support: 4574.95 & 4494.7
Resistance: 4712.2 & 4769.2
Day trading ideas :
Praj Ind. : Buy above 112 for targets of 114 and 116.50 keep a SL of 109.
Rajesh Exports : Buy above 52 for targets of 53.20 and 55. Keep SL of 50.25
Adlabs : Buy above 415 for targets of 419 and 425. Keep SL of 409.
Happy Investing !