Intraday Tips and Market outlook for 25th Aug.

>> Tuesday, August 25, 2009

State of Markets abroad :
US markets ended mixed.
Europe ended in green.
Asia has opened and trading in red.
Expect a gap down opening.
The logical target for the Sensex is 15500-15314 and the resistance is at 15783-15904
Nifty: (4643) the logical target for the Nifty is at 4600 and resistance is at 4700-4790

Day Trading Ideas :

Praj Ind : Buy above 94 for targets of 95.10 and 96.05. SL of 93.10

IndusInd Bank : Buy above 101 for targets of 102.10 and 103.05. SL of 99.90

HDIL : Buy above 297 for targets of 300 and 305. SL of 291

Happy Investing!

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