Intraday Tips and Market outlook for 19th June

>> Friday, June 19, 2009

US markets ended flat to positive.
Europe ended flat.
Asia is trading positive.
Expect the Indian markets to open positive.

The support for the Sensex is 14000-13750 and the resistance to the up move is at 14470
Nifty: (4251) the support for the Nifty is at 4140-4100 and the resistance to the up move is at 4320

Day Trading Ideas :

NTPC : Buy above 203 for targets of 206 and 208. Keep a SL of 201

LNT : Buy above 1425 for targets of 1435 and 1448. Keep a SL of 1410

MNM : Buy above 748 for targets of 756 and 764. Keep a SL of 741

Happy Investing !

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