Intraday Tips and market outlook for 22nd June.

>> Monday, June 22, 2009

State of Markets abroad :
US markets ended mixed.
Europe ended higher.
Asia has opened mixed.
Expect Indian Markets to open flat to positive.

The support for the Sensex is 14188-14000 and the resistance to the up move is at 14727-14894
Nifty: (4314) the support for the Nifty is at 4200 and the resistance to the up move is at 4406

Day Trading Tips :

IFCI : Buy above 50.25 for targets of 51.20 and 52.35. Keep a SL of 49.50

Suzlon : Buy above 112 for targets of 113.50 and 115.20. Keep a SL of 110.50

NTPC : Buy above 199.50 for targets of 203 and 205. Keep a Sl of 197

Happy Investing !

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