Intraday Tips and Market Outlook for 24th Sept.

>> Thursday, September 24, 2009

State of Markets abroad :
US markets ended lower.
Europe also ended in red.
Asia has opened green.
Expect the 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 :

IOB : Buy above 122 for targets of 125 and 128. SL of 120

IFCI : Buy above 56.50 for targets of 57.25 and 58.10. SL of 55.90

MNM : Buy above 870 for targets of 880 and 893. SL of 865

Happy Investing!
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