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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Jai Corp Q1 results

Jai Corp has posted a net profit of Rs 91.30 million for the quarter ended June 30, 2009 as compared to Rs 210.00 million for the quarter ended June 30, 2008. Total Income has decreased from Rs 1214.60 million for the quarter ended June 30, 2008 to Rs 1130.00 million for the quarter ended June 30, 2009.

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Market outlook and intraday tips for 6th Jan.

US markets ended marginally lower.

Europe ended flat. Asia is bonded to open flat or mixed.

Indian markets are bonded to open flat to negative.

Markets are well above 10250.

Crude is almost at 48$ a barrel.

The support for the Sensex is 10190 and the resistance to the up move is at 10324-10708

Nifty: (3121) the support for the Nifty is at 3100 and the resistance to the up move is at 3240

Day trading ideas –

Mundra Port

Buy above 394 for targets of 402 and 408

Sell below 381 for targets of 375 and 370

IFCI

Buy above 27.10 for targets of 27.95 and 28.65

Sell below 25.10 for targets of 24.50 and 23.90

Jai Corp

Buy above 89.10 for targets of 90.15 and 91.25

Sell below 85.25 for targets of 84.50 and 83.70

India Infoline

Buy above 67.50 for targets of 68.45 and 69.80

Sell below 64.25 for targets of 63.45 and 62.25

Happy Investing!

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Intraday tips and market outlook for 23rd Dec.

US markets ended lower.

Europe ended in red.

Indian markets are expected to open flat to negative.

Don’t carry any long position for today.

Day Trading ideas.

Federal Bank

Buy above 159 for targets of 161 and 163

Sell below 155 for targets of 153 and 151

HDIL

Buy above 159 for targets of 163 and 166

Sell below 153 for targets of 150 and 146

Jai Corp

Buy above 103 for targets of 105 and 107

Sell below 99 for targets of 97 and 95

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