Intraday Tips and Market Outlook for 14th Oct

>> Wednesday, October 14, 2009

State of Markets abroad :
US markets ended mixed.
Europe ended in red.
Asia has opened positive.
Expect the Indian Markets to have a higher opening.
The crucial support for the Sensex is 16825 and the resistance is at 17249
Nifty: (5054) the crucial support for the Nifty is at 5000 and resistance is at 5154

Day Trading Ideas :

RNRL : Buy above 88 for targets of 89.10 and 90.25. SL of 87

MNM : Buy above 918 for targets of 925 and 935. SL of 910

HCC : Buy above 135 for targets of 137 and 139. SL of 133.50

Happy Investing!
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