Intraday Tips and Market outlook for 3rd August.

US markets end flat.
Europe ended in red with minor losses.
Asia has opened flat to positive.
Expect the Indian Markets to open flat to positive.

The support for the Sensex is 15000 and the resistance to the up move is at 16046
Nifty: (4636) the support for the Nifty is at 4557 and the resistance to the up move is at 4700-4789

Day Trading Ideas :

RNRL : Buy above 84 for targets of 85.50 and 87.10. SL of 82.25

IFCI : Buy above 51.85 for targets of 52.10 and 53.15. SL of 50.20

HDIL : Buy above 280 for targets of 285 and 289. SL of 274

REC : Buy above 205 for targets of 208 and 210. SL of 202

NTPC : Buy above 217 for targets of 219 and 222. SL of 214.85

Happy Investing !