Intraday Tips and Market Outlook for 1st Oct.

>> Thursday, October 1, 2009

State Of Markets abroad :
US markets ended lower.
Europe ended lower.
Asia has also opened lower.
Expect Indian Markets to open flat to negative.
The crucial support for the Sensex is 16900 and the resistance is at 17249-17467
Nifty: (5084) the crucial support for the Nifty is at 5030 and resistance is at 5155-5171

Day Trading Ideas :

REC : Buy above 201 for targets of 202.25 and 203.50. SL of 200.20

LNT : Buy above 1680 for targets of 1690 and 1700. SL of 1672

Happy Investing!
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