Intraday tips and market outlook for 7th August.

>> Friday, August 7, 2009

US and European Markets ended in red.
Asia has opened negative.
Expect the Indian Markets to open negative.

NIFTY Current Spot : 4585.5
NIFTY Support : 4523.95 & 4462.5
NIFTY Resistance : 4682.5 & 4779.55

Day Trading Ideas :

DLF : Buy above 381 for targets of 385 and 389. SL of 377

LNT : Buy above 1487 for targets of 1496 and 1502. SL of 1479

ICICI Bank : Buy above 768 for targets of 774 and 787. SL of 759

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