Intraday Tips and Market outlook for 30th Oct.

>> Friday, October 30, 2009

State of Markets abroad :
US Markets ended higher.
Europe also ended higher.
Asia has opened higher too.
Expect Indian markets to have a positive and a gap up opening.
The crucial support for the Sensex is 15861 and the resistance is at 16144
Nifty: (4751) the crucial support for the Nifty is at 4699 and resistance is at 4785

Day Trading Ideas :

MNM : Buy above 930 for targets of 942 and 955. SL of 927

IRB Infra : Buy above 233 for targets of 241 and 245. SL of 230

LNT : Buy above 1580 for targets of 1592 and 1605. SL of 1571

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