Intraday Tips and Market Outlook for 22nd Sept.

>> Tuesday, September 22, 2009

State of Markets abroad :
US markets ended mixed.
Europe ended negative.
Asia has opened mixed.
Expect Indian Markets to open flat to positive.
The crucial support for the Sensex is 16435 and the resistance is at 17071
Nifty: (4976) the crucial support for the Nifty is at 4900 and resistance is at 5014-5155

Day Trading Ideas :

RNRL : Buy above 90.50 for targets of 91.25 and 92.10. SL of 89.90

LNT : Buy above 1650 for targets of 1660 and 1675. SL of 1640

RCom : Buy above 305 for targets of 208 and 311. SL of 302

Adlabs : Buy above 360 for targets of 364 and 367. SL of 355

Happy Investing!
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