Intraday Tips and Market Outlook for 21st Aug.

>> Friday, August 21, 2009

US Markets ended positive.
Europe ended positive too.
Asia has opened mixed.
Expect a flat to positive opening on the Indian Stock Markets.
The logical target for the Sensex is 14915-14685-14234 and the resistance is at 15256-15575
Nifty: (4453) the logical target for the Nifty is at 4359-4247 and resistance is at 4533-4632

Day Trading Ideas :

RNRL : Buy above 80 for targets of 81.50 and 83.25. SL of 78.90

MNM : Buy above 775 for targets of 782 and 790. SL of 771

LNT : Buy above 1490 for targets of 1500 and 1510. SL of 1485

Gujrat NRE Coke : Buy above 54 for targets of 55 and 56.25. SL of 53.10

Happy Investing !
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