Intraday Tips and Market outlook for 29th July

>> Wednesday, July 29, 2009

US markets ended flat.
Europe ended in red.
Asia is trading 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: (4564) the support for the Nifty is at 4535-4500 and the resistance to the up move is at 4615-4700-4789

Day Trading Ideas :

REC : Buy above 179 for targets of 182 and 185. SL of 176

HCC : Buy above 116 for targets of 118 and 121. SL of 112

NTPC : Buy above 218 for targets of 222 and 225. SL of 215

RNRL : Buy above 83 for targets of 84.25 and 85.80. SL of 81.50

Happy Investing !

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