Intraday Tips and Market outlook for 17th July

>> Friday, July 17, 2009

US markets ended higher.
Europe ended in green.
Asia has opened positive.
Expect the Indian Markets to open flat to positive.

The support for the Sensex is 14170 and the resistance to the up move is at 14381-14548
Nifty: (4231) the support for the Nifty is at 4200 and the resistance to the up move is at 4255-4315

Day Trading Ideas :

REC : Buy above 175.25 for targets of 177.40 and 179.95. SL of 173.10

NTPC : Buy above 206 for targets of 207 and 209. SL of 204.50

Adlabs : Buy above 335 for taregts of 342 and 350. SL of 329

HDIL : Buy above 221 for targets of 225 and 229. SL of 218

Happy Investing !

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