Intraday Tips and Market Outlook for 26th Aug.

>> Wednesday, August 26, 2009

State of Markets abroad :
US markets ended flat to positive.
Europe ended flat.
Asia has opened positive.
Expect the Indian Markets to open positive.

NIFTY Technicals:
Current Spot : 4659.35
Support :4603.6 & 4547.85
Resistance :4694 & 4728.65

Day Trading Ideas:

RNRL : Buy above 82 for targets of 82.85 and 83.90. SL of 81.15

IFCI : Buy above 53 for targets of 54.10 and 55.05. SL of 52.1

HCC : Buy above 110 for targets of 112 and 113.50. SL of 108.10

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