Market Outlook and Intraday tips for 13th August.

US markets ended higher.
Europe also ended in green.
Asia has opened positive with a gap up.
Expect the Indian markets to have a gap up opening.

NIFTY Current Spot : 4457.5
Support : 4391.45 & 4325.45
Resistance : 4491.4 & 4525.3

Day Trading Ideas :

MNM : Buy above 785 for targets of 786 and 798. SL of 777

LNT : Buy above 1434 for targets of 1450 and 1460. SL of 1428

RNRL : Buy above 78.10 for targets of 79.50 and 80.45. SL of 77.25

IFCI : Buy above 47 for targets of 48.15 and 49.35. SL of45.85