Intraday Tips and Market Outlook for 3rd Nov.

>> Tuesday, November 3, 2009

State of Markets abroad :
US Markets ended marginally higher.
Europe ended in green.
Asia has opened flat.
Expect Indian markets to open flat to negative.
The crucial support for the Sensex is at 15860-15356-15113 and logical technical target at 16600
The crucial support for the Nifty is at 4693-4550-4400 and logical technical targets at 4900

Day Trading ideas :

MNM : Buy above 922 for targets of 930 and 942. SL of 915.

RNRL : Buy above 64 for targets of 65.10 and 66.25. SL of 62.90

IFCI : Buy above 44 for targets of 45.10 and 46.25. SL of 43.25

Happy Investing!
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