Intraday Tips and Market Outlook for 28th Oct.

>> Wednesday, October 28, 2009

State of Markets abroad :
US Markets ended mixed.
Europe ended mixed.
Asia has opened flat.
Expect Indian Markets to open flat to positive.
The crucial support for the Sensex is 16221-15861 and the resistance is at 16721
Nifty: (4847) the crucial support for the Nifty is at 4699 and resistance is at 4961

Day Trading Ideas :

Union Bank : Buy above 257 for targets of 265. SL of 254

Wipro : Buy above 604 for targets of 612 and 618. SL of 600

TCS : Buy above 640 for targets of 648 and 654. SL of 635

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Happy Investing!
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