Intraday Tips and Market Outlook for 10th Sept.

>> Thursday, September 10, 2009

State of markets abroad :
US markets ended higher.
Europe also ended in green.
Asia has opened flat to positive.
Expect the Indian Markets to have a positive opening.
The crucial support for the Sensex is 16030 and the resistance is at 16248-16404
Nifty: (4814) the crucial support for the Nifty is at 4780 and resistance is at 4856-4903

Day Trading Ideas :

KSK Energy Venture : Buy above 215 for targets of 218 and 221. SL of 211

GVK Power & Infra : Buy above 49 for targets of 50.50 and 51.20. SL of 47.75

Rajesh Export : Buy above 60 for targets of 62 and 63. SL of 59.10

Happy Investing!
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