Intraday Tips and Market Outlook for 12th Oct.

>> Monday, October 12, 2009

State of Markets abroad :
US Markets ended higher.
Europe ended mixed.
Asia has opened flat.
Expect the Indian Markets to open flat to positive.
The crucial support for the Sensex is 16500 and the resistance is at 17000-17249 Nifty: (4945) the crucial support for the Nifty is at 4900-4824 and resistance is at 5069-5154

Day Trading Ideas :

RNRL : Buy above 83.20 for targets of 84.10 and 85.25. SL of 82.15

IFCI : Buy above 53 for targets of 54.10 and 55.25. SL of 52.20

HDIL : Buy above 359 for targets of 363 and 367. SL of 355

Happy Investing!
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2 comments:

khalid October 17, 2009 at 7:26 AM  

Hi dude
HAPPY DIWALI to you

Chirag Jethmalani. October 21, 2009 at 8:02 AM  

Happy Diwali to you too! Thanks :) Cheers.