Intraday Tips and Market outlook for August 18th

>> Tuesday, August 18, 2009

US markets ended in deep red.
Europe also ended in red.
Asia has opened Flat.
Expect the Indian Markets to open flat to positive.

NIFTY Technicals :
Current Spot : 4387.9
Supports : 4341.6 & 4295.4
Resistance : 4467 & 4546.2

Day Trading Ideas :


DLF : Buy above 368 for targets of 375 and 379. SL of 359

ICICI Bank : Buy above 705 for targets of 715 and 722. SL of 699

RNRL : Buy above 79 for targets of 81 and 83. SL of 77.50


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