Intraday Tips and Market Outlook for Aug 20th
>> Thursday, August 20, 2009
US markets ended in green.
Europe ended mixed.
Asia has opened flat.
Expect the Indian Markets to open flat to positive.
NIFTY Current Spot : 4394.1
Support:4284.25 & 4339.15
Resistance: 4463.25 & 4532.45
Adani Power is listing today. Grey Market premium is Rs 6 -8/-
Day Trading Ideas :
IFCI: Buy above 52 for targets of 53.10 and 54. SL of 50.95
NTPC:Buy above 203.10 for targets of 205 and 206.50. SL of 201.10
RPower: Buy above 156 for targets of 158 and 160. SL of 154.10
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