Intraday Tips and Market Outlook for 28th July.

>> Tuesday, July 28, 2009

US markets ended flat.
Asia has opened mixed.
Expect the Indian markets to open flat to positive.
The support for the Sensex is 15280-15100 and the resistance to the up move is at 15600-16046
Nifty: (4570) the support for the Nifty is at 4535-4500 and the resistance to the up move is at 4615-4700-4789

Day Trading Idea :

NTPC : Buy above 215 for targets of 218 and 221. SL of 212

Torent Power : Buy above 215 for targets of 218 and 222. SL of 211

Adlabs: Buy above 370 for targets of 374 and 379. SL of 365

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