Intraday Tips and Market outlook for 10th July

>> Friday, July 10, 2009

US markets ended flat. (But in green)
Europe ended in green.
Asia is trading positive to flat.
Expect the Indian Markets to open in the same manner.

The support for the Sensex is 13514-13400-12600 and the resistance to the up move is at 13960
Nifty: (4081) the support for the Nifty is at 3870 and the resistance to the up move is at 4135

Day Trading Ideas :

Cairn India :
Buy above 211 for targets of 215 and 218. SL of 207
Sell below 205 for targets of 202 and 199. SL of 207

KSK Energy :
Buy above 228 for targets of 231 and 234. SL of 224
Sell below 223 for targets of 221 and 218. SL of 227

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