>> Tuesday, July 7, 2009
State of Markets abroad :
US markets ended mixed.
Europe ended in red.
Asia has opened mixed.
Expect the Indian Markets to open flat to positive.
The support for the Sensex is 13400-12600 and the resistance to the up move is at 14420-15000
Nifty: (4166) the support for the Nifty is at 3870 and the resistance to the up move is at 4250
Day Trading Ideas :
LNT : Buy above 1475 for targets of 1486 and 1495. Keep a SL of 1463.
Praj Ind : Buy above 88.50 for targets of 89.25 and 90.45. Keep a SL of 87.65
Airtel : Buy above 791 for targets of 808 and 815. Keep a SL of 793