Intraday Tips and Market Outlook for 27th August.

>> Thursday, August 27, 2009

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

The crucial support for the Sensex is 15700-15690 and the resistance is at 15783-15904
Nifty: (4681) the crucial support for the Nifty is at 4660 and resistance is at 4700-4790

Day Trading Ideas :

RNRL : Buy above 90 for targets of 91.25 and 92.50. SL of 88.45

HDIL : Buy above 310 for targets of 315 and 319. SL of 305

Gujarat NRE Coke : Buy above 56 for targets of 57.10 and 58.25. SL of 55.10
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