Market outlook and Intraday Tips for July 24th.

>> Friday, July 24, 2009

US markets ended higher.
Europe also ended in green.
Asia has opened positive.
Expect the Indian Markets to open positive with a gap up opening.

The support for the Sensex is 15000 and the resistance to the up move is at 15600-16046
Nifty: (4524) the support for the Nifty is at 4400 and the resistance to the up move is at 4615-4700-4789

Day Trading Ideas :

Aban Offshore : Buy above 671 for targets of 376 and 384. SL of 665

RNRL : Buy above 80.65 for targets of 81.25 and 82.50

MNM : Buy above 804 for targets of 812 and 817. SL of 799

0 comments: