Intraday Tips and Market outlook for 15th June

>> Monday, June 15, 2009

US Markets ended mixed.
Europe ended negative.
Asia has opened in red.
Expect a weak opening from Indian stock markets.

The support for the Sensex is 15200-14900 and the resistance to the up move is at 15480-16046
Nifty: (4583) the support for the Nifty is at 4500 and the resistance to the up move is at 4789

Day Trading Ideas :

RNRL : Buy above 86.10 for targets of 87.25 and 88.10, keep a SL of 85.40.

IFCI : Buy above 49 for targets of 50.10 and 51, keep a SL of 48.25.

ICICI Bank : Buy above 735 for targets of 742 and 748, keep a SL of 729.

Happy Investing !

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