Intraday Tips and Market Outlook for 15th Sept.

>> Tuesday, September 15, 2009

State of markets abroad :
US markets ended in green.
Europe ended mixed.
Asia has opened almost flat but in green.
Expect the Indian Markets to open flat to positive.
The crucial support for the Sensex is 16030-15950 and the resistance is at 16404-16586
Nifty: (4809) the crucial support for the Nifty is at 4780-4730 and resistance is at 4903-5014

Day Trading Ideas :

Andhra Bank : Buy above 99 for targets of 101 and 102.50. SL of 97.50

IFCI : Buy above 58 for targets of 59.25 and 60.50. SL of 57.10

LNT : Buy above 1610 for targets of 1620 and 1632. SL of 1603

Happy Investing!

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