Intraday Tips and Market outlook for 9th July

US markets ended mixed.
Europe ended in red.
Asia has opened flat to negative.
Expect the Indian markets to also open flat to positive.

The support for the Sensex is 13400-12600 and the resistance to the up move is at 13960
Nifty: (4079) the support for the Nifty is at 3870 and the resistance to the up move is at 4135

Day Trading Ideas :

NMDC :
Buy above 333 for targets of 342 and 351. SL of 327
Sell below 325 for targets of 316 and 308. SL of 330

NTPC :
Buy above 195 for targets of 198 and 201. SL of 192
Sell below 190 for targets of 187 and 184. SL of 192

ACC :
Buy above 790 for targets of 805 and 818. SL of 777
Sell below 773 for targets of 765 and 754. SL of 777

Happy Investing !

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Intraday tips and Market outlook for 12th Dec.

US markets ended negative after a volatile secession. A report says US to see four quarter of nasty recession. Bank of America to cut about 35,000 jobs.

Europe ended mixed.

Asia has opened weak. Expect Indian markets to open flat to negative.

Today inflation is to come out.

Keep booking profits at every levels.

FII’s are yet net buyers. FII’s are constantly buying from past 3 days. Yesterday’s net figure is Rs 444 Crores.

The support for the Sensex is 9450 and the resistance to the up move is at 10000-10324

 Nifty: (2920) the support for the Nifty is at 2860 and the resistance to the up move is at 3113

 

Day Trading ideas for 12^th Dec.

 

Jet Airways.

Buy above 152 for targets of 155 and 159

Sell below 149.20 for targets of 146.90 and 145.20

 

ABB Ltd.

Buy above 455 for targets of 458 and 462

Sell below 451 for targets of 448 and 444

 

ACC Ltd.

Buy above 482 for targets of 486 and 490

Sell below 476 for targets of 472 and 468

 

Balaji Telefilms Ltd. 

Buy above 73.10 for targets of 75 and 77

Sell below 70.25 for targets of 68.50 and 67.10

 

Happy Investing.

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