Intraday Tips and Market Outlook for 11th Sept.

>> Friday, September 11, 2009

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

The crucial support for the Sensex is 16030-15950 and the resistance is at 16404
Nifty: (4819) the crucial support for the Nifty is at 4780-4730 and resistance is at 4903

Day Trading Ideas :

Sesa Goa : Buy above 240 for targets of 246 and 252. SL of 235

HDIL : Buy above 308 for targets of 312 and 316. SL of 303

Unitech : Buy above 110 for targets of 112 and 114.25. SL of 107.50

Happy Investing@!
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