Intraday Tips and Market Outlook for 8th Sept.

>> Tuesday, September 8, 2009

State of Markets abroad :
US markets weer closed.
Europe ended higher.
Asia has opened mixed.
Expect the Indian markets to open positive.
The crucial support for the Sensex is 15900 and the resistance is at 16046-16248
Nifty: (4783) the crucial support for the Nifty is at 4750 and resistance is at 4789-4903

Day Trading Ideas :

LNT : Buy above 1600 for targets of 1610 and 1625. SL of 1589

RNRL : Buy above 88 for targets of 88.90 and 89.50. SL of 87.30

MNM : Buy above 850 for targets of 862 and 870. SL of 843

Happy Investing!

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