Intraday Tips and Market Outlook for 15th Oct.

>> Thursday, October 15, 2009

State of Markets abroad :
US Markets ended higher.
Asia has opened high.
Expect Indian Markets to open higher.
The crucial support for the Sensex is 17000 and the resistance is at 17249-17356-17439
Nifty: (5118) the crucial support for the Nifty is at 5050 and resistance is at 5154-5183-5219

Day Trading Ideas :

MNM : Buy above 980 for targets of 992 and 1005. SL of 970

RNRL : Buy above 86 for targets of 87.50 and 89.10. SL of 85

IndusInd Bank : Buy above 125 for targets of 128 and 131. SL of 123

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