Intraday Tips and Market Outlook for 26th Aug.

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

NIFTY Technicals:
Current Spot : 4659.35
Support :4603.6 & 4547.85
Resistance :4694 & 4728.65

Day Trading Ideas:

RNRL : Buy above 82 for targets of 82.85 and 83.90. SL of 81.15

IFCI : Buy above 53 for targets of 54.10 and 55.05. SL of 52.1

HCC : Buy above 110 for targets of 112 and 113.50. SL of 108.10

{Get Free SMS Update on your mobile phone Subscribe
Also don't miss to read any new article from this site Subscribe to Free Email "News Letter" }

Read the full post...

Intraday Tips and Market Outlook for Aug 20th

US markets ended in green.
Europe ended mixed.
Asia has opened flat.
Expect the Indian Markets to open flat to positive.

NIFTY Current Spot : 4394.1
Support:4284.25 & 4339.15
Resistance: 4463.25 & 4532.45

Adani Power is listing today. Grey Market premium is Rs 6 -8/-
Day Trading Ideas :

IFCI: Buy above 52 for targets of 53.10 and 54. SL of 50.95

NTPC:Buy above 203.10 for targets of 205 and 206.50. SL of 201.10

RPower: Buy above 156 for targets of 158 and 160. SL of 154.10

Read the full post...

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

Read the full post...

Intraday Tips and Market outlook for 3rd August.

US markets end flat.
Europe ended in red with minor losses.
Asia has opened flat to positive.
Expect the Indian Markets to open flat to positive.

The support for the Sensex is 15000 and the resistance to the up move is at 16046
Nifty: (4636) the support for the Nifty is at 4557 and the resistance to the up move is at 4700-4789

Day Trading Ideas :

RNRL : Buy above 84 for targets of 85.50 and 87.10. SL of 82.25

IFCI : Buy above 51.85 for targets of 52.10 and 53.15. SL of 50.20

HDIL : Buy above 280 for targets of 285 and 289. SL of 274

REC : Buy above 205 for targets of 208 and 210. SL of 202

NTPC : Buy above 217 for targets of 219 and 222. SL of 214.85

Happy Investing !

Read the full post...

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

Read the full post...

Intraday Tips and Market outlook for July 27th

US markets ended mixed.
Asia has opened higher.
We can see a flat to gap down opening today.

The support for the Sensex is 15100 and the resistance to the up move is at 15600-16046
Nifty: (4569) the support for the Nifty is at 4500 and the resistance to the up move is at 4615-4700-4789

Day Trading Ideas :

RNRL : Buy above 81.25 for targets of 82.45 and 83.20. SL of 80.10

RPL : Buy above 128 for targets of 129.95 and 130.50. SL of 126

IFCI : Buy above 50 for targets of 51 and 52.10. SL of 48.95

BHEL : Buy above 2014 for targets of 2025 and 2040. SL of 2009

Happy Investing !

Read the full post...

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 !

Read the full post...

Market outlook and Intraday Tips for 24th June

US markets ended with minor losses.
Europe was ended flat.
Asia has opened a bit positive.
Expect the Indian Markets to open flat to positive.

The support for the Sensex is 14188-14000 and the resistance to the up move is at 14727-14894
Nifty: (4247) the support for the Nifty is at 4200 and the resistance to the up move is at 4406

Day Trading Ideas :

IFCI : Buy above 54.10 for targets of 54.85 and 55.80 SL of 53.45

IDBI : Buy above 110.20 for targets of 111.25 and 112.10 SL of 109.10

RCom : Buy above 301 for targets of 305 and 309 SL of 296

MTNL : Buy above 98.20 for targets of 98.90 and 99.45 SL of 97.50

Read the full post...

Intraday Tips and market outlook for 22nd June.

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

The support for the Sensex is 14188-14000 and the resistance to the up move is at 14727-14894
Nifty: (4314) the support for the Nifty is at 4200 and the resistance to the up move is at 4406

Day Trading Tips :

IFCI : Buy above 50.25 for targets of 51.20 and 52.35. Keep a SL of 49.50

Suzlon : Buy above 112 for targets of 113.50 and 115.20. Keep a SL of 110.50

NTPC : Buy above 199.50 for targets of 203 and 205. Keep a Sl of 197

Happy Investing !

Read the full post...

Intraday Tips and market outlook for 17th June

State of Markets abroad :
US markets ended red.
Europe ended flat.
Asia has opened positive.
Expect a flat to positive opening on Indian Stock Markets.

The support for the Sensex is 14800-14620 and the resistance to the up move is at 15265
Nifty: (4518) the support for the Nifty is at 4465 and the resistance to the up move is at 4600

Intraday Tips :

IFCI : Buy above 56 for targets of 57.10 and 58.25. keep a SL of 54.45

IDBI : Buy above 108 for targets of 110 and 111.50. Keep a SL of 160.50

R Power : Buy above 198 for targets of 201 and 203. Keep a SL of 195

Adlabs : Buy above 412 for targets of 415 and 418. Keep a SL of 409

Happy Investing !

Read the full post...

Intraday Tips and Market outlook for 15th June

US Markets ended mixed.
Europe ended negative.
Asia has opened in red.
Expect a weak opening from Indian stock markets.

The support for the Sensex is 15200-14900 and the resistance to the up move is at 15480-16046
Nifty: (4583) the support for the Nifty is at 4500 and the resistance to the up move is at 4789

Day Trading Ideas :

RNRL : Buy above 86.10 for targets of 87.25 and 88.10, keep a SL of 85.40.

IFCI : Buy above 49 for targets of 50.10 and 51, keep a SL of 48.25.

ICICI Bank : Buy above 735 for targets of 742 and 748, keep a SL of 729.

Happy Investing !

Read the full post...

Intraday Tips and Market outlook for 5th June

US markets ended higher.
Europe ended flat.
Asia is trading positive.
Expect the Indian markets to have a gap up opening.

NIFTY Support and Resistance :
Current spot - 4572.65
Support - 4489.9 and 4407.3
Resistance - 4618.65 and 4664.8

Day Trading Ideas :

IDBI Bank : Buy above 100.45 for targets of 101.60 and 102.50 keep a SL of 98.50

HDIL : Buy above 325 for targets of 328 and 331 keep a SL of 320

DLF : Buy above 419 for targets of 422 and 425 keep a SL of 415

IFCI : Buy above 57.25 for targets of 58.10 and 58.90 keep a SL of 56.80

Read the full post...

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 !

Read the full post...

Intraday Tips and Market outlook for 1st June

State of global markets :
US markets ended positive.
Europe ended flat to positive.
Asia has opened positive.

Indian Market may open positive with a gap up opening.

NIFTY :
Current Spot - 4448.25
Support - 4363.7 and 4278.55
Resistance - 4511 and 4573.12

Day Trading Ideas :

Siemens :
Buy above 496 for targets of 504 and 511 with a SL of 489
Sell below 485 for targets of 478 and 471 with a SL of 491

IFCI :
Buy above 47.10 for targets of 48.05 and 49.20 SL of 46.10
Sell below 44.90 for targets of 43.85 and 42.50 SL of 45.85

RPL :
Buy above 146 for targets of 147.50 and 149.10 SL of 144.90
Sell below 142 for targets of 140.85 and 139.25 SL of 143.10

Happy Investing !

Recent Research Reports :
M&M
Apollo Tyres

Read the full post...

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

Read the full post...

Intraday Tips and Market outlook for 21st May.

US markets ended lower.
Europe ended mixed.
Asia is trading negative.
Expect the Indian Markets to open flat to positive.
The support for the Sensex is 13800 and the resistance to the up move is at 14452-16046
Nifty: (4270) the support for the Nifty is at 4150 and the resistance to the up move is at 4650-4775


Day Trading Ideas -

HCC
Buy above 102 for targets of 108 and 112. SL 98
Sell below 94 for targets of 89 and 86. SL of 98

RNRL
Buy above 77 for targets of 79 and 82. SL of 75
Sell below 72 for targets of 70 and 68/ SL of 74

IFCI
Buy above 44 for targets of 45 and 46.50
Sell below 42 for targets of 41.10 and 40.25

Happy Investing!

Read the full post...

Intraday tips and Market outlook for 20th May.

US markets ended mixed.
Europe markets ended higher.
Asia is trading mixed.
Expect Indian Markets to open flat to positive.
The support for the Sensex is 13800 and the resistance to the up move is at 14452-16046
Nifty: (4318) the support for the Nifty is at 4150 and the resistance to the up move is at 4650-4775
NIFTY is highly over brought so be careful.

Day Trading Ideas -

HDIL
Buy above 290 for targets of 298 and 305. SL of 282
Sell below 274 for targets of 269 and 264. SL of 279

DLF
Buy above 394 for targets of 401 and 407. SL of 388
Sell below 374 for targets of 369 and 362. SL of 381

IFCI
Buy above 38.75 for targets of 39.50 and 40.10. SL of 37.25
Sell below 34.50 for targets of 33.90 and 33.10. SL of 35.10

Happy Investing!

Read the full post...

Market outlook and intraday tips for 14th May.

US markets crack badly is down over 2%.
Europe ended in red.
Asia is trading negative.
Expect Indian Markets to open negative.
The support for the Sensex is 11500 and the resistance to the up move is at 12272-12569-12857
Nifty: (3635) the support for the Nifty is at 3600 and the resistance to the up move is at 3800

Day Trading Ideas -

HDIL
Buy above 181 for targets of 183 and 184.40
Sell below 175 for targets of 173 and 170.45

LNT
Buy above 979 for targets of 986 and 991
Sell below 960 for targets of 955 and 949

IFCI
Buy above 26 for targets of 26.80 and 27.45
Sell below 24 for targets of 23.50 and 22.85

Happy Investing !

Read the full post...

Intraday Tips and Market outlook for 11 th of May.

US Markets ended higher.
Europe also ended higher.
Asia is trading flat to negative.
Expect the Indian markets to open in the same manner.
We may have a volatile section.

NIFTY magic levels
Current Spot - 3620.70
Support - 3585 and 3520
Resistance - 3680 and 3745

Day Trading ideas

Aban Offshores
Buy above 468 for targets of 474 and 481
Sell below 432 for targets of 428 and 425

IFCI
Buy above 27.10 for targets of 27.90 and 28.25
Sell below 25.25 for targets of 24.90 and 24.10

Kotak Mahindra Bank
Buy above 441 for targets of 446 and 449
Sell below 428 for targets of 422 and 417

LNT
Buy above 1002 for targets of 1012 and 1028
Sell below 984 for targets of 976 and 968

Happy Investing !

Read the full post...

Intraday Tips and Market outlook for 6th of May.

US markets ended flat to negative.
Europe markets ended mixed.
Asia has opened flat and is trading flat.
Expect the Indian markets to open in the same manner.
The support for the Sensex is 12000 and the resistance to the up move is at 12569-12857
Nifty: (3662) the support for the Nifty is at 3600 and the resistance to the up move is at 3735-3820

Day trading Ideas -

Axis Bank
Buy above 635 for targets of 639 and 644
Sell below 619 for targets of 615 an 611

IFCI
Buy above 29.45 for targets of 30.10 and 30.55
Sell below 26.85 for targets of 26.20 and 25.85

HDIL
Buy above 175 for targets of 178 and 180
Sell below 164 for targets of 161 and 158

DLF
Buy above 264 for targets of 267 and 270
Sell below 259 for targets of 256 and 254

Read the full post...