Market outlook and Intraday Tips for 30th June

>> Tuesday, June 30, 2009

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

The support for the Sensex is 14685-14570 and the resistance to the up move is at 14809-14995
Nifty: (4390) the support for the Nifty is at 4300 and the resistance to the up move is at 4418-4483

Day Trading Ideas :

RNRL : Buy above 91 for targets of 92 and 93.45. Keep a SL of 89.90

GMR Infra : Buy above 156.25 for targets of 158 and 159.10. Keep a SL of 154.20

LNT : Buy above 1620 for targets of 1628 and 1635. Keep a SL of 1611

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