Intraday Tips and market Outlook for 4th Aug.

>> Tuesday, August 4, 2009

US markets ended higher.
Europe ended higher too.
Asia has opened Positive.
Expect the Indian Markets to open positive (Higher).
The support for the Sensex is 15790 and the logical technical target is at 16046-16507
Nifty: (4711) the support for the Nifty is at 4618 and logical technical target at 4789-4926
Day Trading Ideas :

MNM : Buy above 920 for targets of 927 and 935. SL of 910

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

RNRL : Buy above 84.10 for targets of 85.50 and 86.90. SL of 83.25

Praj Ind : Buy above 100.10 for targets of 102.50 and 104.10. SL of 99.20

0 comments: