Intraday Tips and market outlook for 20th July

>> Monday, July 20, 2009

US markets ended higher.
Europe had ended higher too.
Asia has opened a positive note.
Expect the Indian Markets to open positive.

The support for the Sensex is 14340 and the resistance to the up move is at 15300
Nifty: (4375) the support for the Nifty is at 4265 and the resistance to the up move is at 4615

Day Trading Ideas :

Adlabs : Buy above 338 for targets of 341 and 345. SL of 334

RIL : Buy above 1930 for targets of 1945 and 1954

LNT : Buy above 1420 for targets of 1438 and 1455

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