Intraday Tips and Market Outlook for 23rd Oct.

>> Friday, October 23, 2009

State of Markets abroad :
US Markets ended higher.
Europe ended red.
Asia has opened higher.
Expect the Indian Markets to have a gap up opening.
Support for Sensex is at : 16550 and 16400
Support for NIFTY is at : 4940 and 4910

Day Trading Ideas :

ITC : Buy above 248 for targets of 249.50 and 251.25. SL of 247.10

RNRL : Buy above 85 for targets of 85.95 and 86.50. SL of 84.25

HCC : Buy above 130 for targets of 132 and 134. SL of 128

Happy Investing!
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