Intraday Tips and Market Outlook for 24th Aug.

State of markets abroad :
US markets ended higher.
Europe ended higher.
Asia has opened higher.
Expect the Indian Markets to open higher.

NIFTY Technicals
NIFTY Spot : 4528.8
Support : 4440.2 & 4351.65
Resistance : 4578 & 4627.25

Day Trading Ideas :

Yes Bank : Buy above 174 for targets of 176 and 178. SL of 172

GVK Power&Infra : Buy above 48 for targets of 49.15 and 50.10. SL of 46.90

LNT : Buy above 1495 for targets of 1505 and 1520. SL of 1488

Happy Investing !
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Intraday Tips and Market Outlook for 21st Aug.

US Markets ended positive.
Europe ended positive too.
Asia has opened mixed.
Expect a flat to positive opening on the Indian Stock Markets.
The logical target for the Sensex is 14915-14685-14234 and the resistance is at 15256-15575
Nifty: (4453) the logical target for the Nifty is at 4359-4247 and resistance is at 4533-4632

Day Trading Ideas :

RNRL : Buy above 80 for targets of 81.50 and 83.25. SL of 78.90

MNM : Buy above 775 for targets of 782 and 790. SL of 771

LNT : Buy above 1490 for targets of 1500 and 1510. SL of 1485

Gujrat NRE Coke : Buy above 54 for targets of 55 and 56.25. SL of 53.10

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Market Outlook and Intraday tips for 13th August.

US markets ended higher.
Europe also ended in green.
Asia has opened positive with a gap up.
Expect the Indian markets to have a gap up opening.

NIFTY Current Spot : 4457.5
Support : 4391.45 & 4325.45
Resistance : 4491.4 & 4525.3

Day Trading Ideas :

MNM : Buy above 785 for targets of 786 and 798. SL of 777

LNT : Buy above 1434 for targets of 1450 and 1460. SL of 1428

RNRL : Buy above 78.10 for targets of 79.50 and 80.45. SL of 77.25

IFCI : Buy above 47 for targets of 48.15 and 49.35. SL of45.85

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Intraday tips and market outlook for 7th August.

US and European Markets ended in red.
Asia has opened negative.
Expect the Indian Markets to open negative.

NIFTY Current Spot : 4585.5
NIFTY Support : 4523.95 & 4462.5
NIFTY Resistance : 4682.5 & 4779.55

Day Trading Ideas :

DLF : Buy above 381 for targets of 385 and 389. SL of 377

LNT : Buy above 1487 for targets of 1496 and 1502. SL of 1479

ICICI Bank : Buy above 768 for targets of 774 and 787. SL of 759

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Larsen Toubro wins order worth 5300 crores

L&T has won two major offshore platform contracts from ONGC aggregating over Rs. 5300 crores.The order is for the Mumbai High North (MHN) process platform & living quarters project, with an additional order for supply of three process gas compression modules to be installed in the same complex. The Execution time for the same is 33 months.

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Intraday Tips and Market Outlook for July 31st.

US markets ended higher.
Europe also ended higher.
Asia is trading and opened in positive.
Expect the Indian Markets to open positive.
The support for the Sensex is 15000 and the resistance to the up move is at 15600-16046
Nifty: (4571) the support for the Nifty is at 4500 and the resistance to the up move is at 4700-4789

Day Trading Ideas :

RNRL :Buy above 85.90 for targets of 86.50 and 87.85. SL of 84.25

LNT : Buy above 1490 for targets of 1510 and 1525. SL of 1475

IFCI : Buy above 51.25 for targets of 52.2 and 53.1. SL of 50.40

Jai Corp :Buy above 231 for targets of 233 and 235. SL of 228

HDIL :Buy above 280 for targets of 285 and 291. SL of 276

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L&T makes key contribution to India`s first N-powered submarine

Larsen & Toubro (L&T), an engineering and construction major has played a critical role in building India`s first nuclear powered submarine, launched on July 26, 2009.

Based on the design provided by the navy & defence research and development organization (DRDO), L&T`s dedicated submarine design centre carried out detailed engineering, using the latest 3D modeling and product data management software.

In addition to being the country`s first nuclear-powered indigenous submarine, this is also the largest and heaviest vessel ever built in India.

L&T has had the privilege of making the single largest contribution in the construction of this vessel - right from the stage of plate cutting to launch.

A.M. Naik, chairman & managing director (CMD) of L&T said, ``We feel very proud to have contributed significantly to realizing India`s dream of an indigenous nuclear submarine. Over the last four decades, L&T has played a crucial pioneering role in building India`s strategic sectors by successfully executing several technology-intensive and challenging projects. Building the first nuclear submarine is the latest milestone in our association with the Indian navy & the DRDO, and we look forward to building more submarines and warships.``

Source : MyIRIS

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Intraday Tips and market outlook for 20th July

US markets ended higher.
Europe had ended higher too.
Asia has opened a positive note.
Expect the Indian Markets to open positive.

The support for the Sensex is 14340 and the resistance to the up move is at 15300
Nifty: (4375) the support for the Nifty is at 4265 and the resistance to the up move is at 4615

Day Trading Ideas :

Adlabs : Buy above 338 for targets of 341 and 345. SL of 334

RIL : Buy above 1930 for targets of 1945 and 1954

LNT : Buy above 1420 for targets of 1438 and 1455

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Market outlook and Intraday Tips for 16th July

US markets ended higher.
Europe ended higher too.
Asia is ought to open positive.
Expect the Indian Markets to open positive. With a Gap up opening of 200 to 250 points.
The support for the Sensex is 14150 and the resistance to the up move is at 14381-14548
Nifty: (4234) the support for the Nifty is at 4200 and the resistance to the up move is at 4255-4315


Day trading Ideas :

RNRL : Buy above 79.90 for targets of 81.45 and 83.20. SL of 77.90

Rajesh Export : Buy above 38.10 for targets of 39.45. SL of 36.85

LNT : Buy above 1450 for targets of 1471 and 1484. Sl of 1435

Hindalco : Buy above 80.25 for targets of 81.85 and 82.90. SL of 78.10

Sterlite Ind. : Buy above 632 for targets of 640 and 649.50. SL of 626

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Intraday Tips and market outlook for 14th July

US markets ended higher.
Europe ended higher.
Asia has opened a higher note.
Expect the Indian Markets to open higher too.

The support for the Sensex is 12715-12600 and the resistance to the up move is at 13700-13937
Nifty: (3974) the support for the Nifty is at 3870 and the resistance to the up move is at 4040


Day Trading ideas :

HCL Tech : Buy above 183.10 for targets of 185 and 187. SL of 181.45

HDIL : Buy above 191 for targets of 193 and 196. SL of 188

LNT : Buy above 138 for targets of 145 and 158. SL of 131

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Intraday Tips and market outlook for 7th July

State of Markets abroad :
US markets ended mixed.
Europe ended in red.
Asia has opened mixed.
Expect the Indian Markets to open flat to positive.

The support for the Sensex is 13400-12600 and the resistance to the up move is at 14420-15000
Nifty: (4166) the support for the Nifty is at 3870 and the resistance to the up move is at 4250

Day Trading Ideas :

LNT : Buy above 1475 for targets of 1486 and 1495. Keep a SL of 1463.

Praj Ind : Buy above 88.50 for targets of 89.25 and 90.45. Keep a SL of 87.65

Airtel : Buy above 791 for targets of 808 and 815. Keep a SL of 793

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Intraday Tips and market outlook for 2nd July

US markets ended higher.
Europe als ended higher.
Asia has opened flat. (Only Japan has opened yet)
Expect Indian Markets to open flat to positive.

The support for the Sensex is 14500 and the resistance to the up move is at 14809-15000
Nifty: (4341) the support for the Nifty is at 4292 and the resistance to the up move is at 4380-4400

Day Trading Ideas :

LNT : Buy above 1579 fr targets of 1585 and 1594. Keep a SL of 1572

RPower : Buy above 173 for targets of 176 and 178. Keep a SL of 170

IFCI : Buy above 54.10 for targets of 55.05 and 56.25. Keep a SL of 53.25

Happy Investing !

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Market outlook and Intraday Tips for 30th June

State of markets abroad :
US markets ended higher.
Europe ended higher.
Asia has opened positive.
Expect the Indian Markets to open positive.

The support for the Sensex is 14685-14570 and the resistance to the up move is at 14809-14995
Nifty: (4390) the support for the Nifty is at 4300 and the resistance to the up move is at 4418-4483

Day Trading Ideas :

RNRL : Buy above 91 for targets of 92 and 93.45. Keep a SL of 89.90

GMR Infra : Buy above 156.25 for targets of 158 and 159.10. Keep a SL of 154.20

LNT : Buy above 1620 for targets of 1628 and 1635. Keep a SL of 1611

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Intraday Tips and Market outlook for 19th June

US markets ended flat to positive.
Europe ended flat.
Asia is trading positive.
Expect the Indian markets to open positive.

The support for the Sensex is 14000-13750 and the resistance to the up move is at 14470
Nifty: (4251) the support for the Nifty is at 4140-4100 and the resistance to the up move is at 4320

Day Trading Ideas :

NTPC : Buy above 203 for targets of 206 and 208. Keep a SL of 201

LNT : Buy above 1425 for targets of 1435 and 1448. Keep a SL of 1410

MNM : Buy above 748 for targets of 756 and 764. Keep a SL of 741

Happy Investing !

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Intraday Tips and Market outlook for 18th June

State of Markets abroad :
US Markets ended mixed.
Europe ended negative.
Asia has opened in red. (Only Japan's Markets have opened yet)
Expect the Indian Markets to open flat to positive.

The support for the Sensex is 14000-13750 and the resistance to the up move is at 14800
Nifty: (4356) the support for the Nifty is at 4250 and the resistance to the up move is at 4470

Day Trading Ideas :

LNT Buy above 1475 for targets of 1486 and 1499. Keep SL of 1467

Adlabs Buy above 389 for targets of 395 and 399. keep SL of 383

TTML Buy above 35.65 for targets of 36.10 and 36.45 SL of 35.40

Happy Investing !

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Intraday Tips and Market outlook for 12th June

State of markets abroad :
US markets ended positive.
Europe ended higher.
Asia is trading positive.
Expect the Indian Markets to open positive.

NIFTY Technicals :
NIFTY Trin : 0.917
Nature : Buy Mode
Support : 4574.95 and 4494.7
Resistance : 4712.2 and 4769.2

Day Trading ideas :

HCC : Buy above 116.20 for targets of 117.50 and 119 Keep a SL of 114.25

M&M : Buy above 820 for targets of 826 and 831 keep a SL of 814

LNT : Buy above 1632 for targets of 1640 and 1649 keep a SL of 1625

Happy Investing !

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Intraday tips and market outlook for 4th June.

US markets ended lower.
Europe ended lower.
Asia has opened in negative zone.
Expect the Indian markets to open negative.
Inflation data could also decide the markets trend.

The support for the Sensex is 14650 and the resistance to the up move is at 15150-15580
Nifty: (4531) the support for the Nifty is at 4500 and the resistance to the up move is at 4560-4789

Day Trading Ideas :

LNT : Buy above 1418 for targets of 1429 and 1438 SL of 1409

IFCI : Sell below 52.90 for targets of 52.10 and 51.50 SL of 53.35

Happy Investing !

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Gap up opening and profit booking : State of markets today 2nd June

State of Foreign markets:
US markets ended higher.
Europe ended higher too.
Asia has opened positive with a gap up opening.
Expect the Indian Markets to have a flat to positive opening.

NIFTY Magic levels :
NIFTY Spot - 4529.9
Support - 4471.10 and 4413.55
Resistance - 4566.7 and 4603.25

Day Trading Ideas :

LNT :
Buy above - 1420 for targets of 1431 and 1440 SL of 1410
Sell below - 1395 for targets of 1386 and 1379 SL of 1405

Aban Offshore :
Buy Above - 945 for targets of 952 and 959 SL of 936
Sell below - 910 for targets of 901 and 894 SL of 917

RNRL :
Buy above 89 for taregst of 89.90 and 90.75 SL of 88.10
Sell below 87 for targets of 86.10 and 85.45 SL of 87.75

Happy Investing!

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Market tips and Predection for 27th May.

Yesterday we saw Indian Markets witnessing profit booking because of which we ended in deep red.
US markets ended positive.
Europe also ended positive.
Asia is trading positive.
Expect the Indian Markets to have a gap up opening.
The support for the Sensex is 13278-12889 and the resistance to the up move is at 13820
Nifty: (4117) the support for the Nifty is at 4022-3907 and the resistance to the up move is at 4205

Day Trading Ideas :

IFCI Buy above 45.80 for targets of 46.50 and 47.25 with SL of 43.

HDIL Buy above 268 for targets of 274 and 278 with SL of 260.

LNT Buy above 1261 for targets of 1270 and 1728 with SL of 1249

Happy Investing !

Give feed Back about Indian Money Plus at indianmoneyplus [at] gmail [dot] com

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Intraday tips and market outlook for 25th May.

US markets ended flat.
Europe ended positive.
Asia has opened mixed.
Expect the Indian markets to open flat to positive.
The support for the Sensex is 13611 and the resistance to the up move is at 14215-14452
Nifty: (4239) the support for the Nifty is at 4155 and the resistance to the up move is at 4350-4650


Day Trading Ideas :

SCI
Buy above 131 for targets of 135 and 138 with SL of 127
Sell below 125 for targets of 122 and 119 with SL of 127

HDIL
Buy above 309 for targets of 313 and 317 with SL of 303
Sell below 301 for targets of 296 and 291 with SL of 304

LNT
Buy above 1312 for targets of 1318 and 1329 with SL of 1303
Sell below 1301 for targets of 1290 and 1282 with SL of 1306

Happy Investing!

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