Intraday Tips and Market outlook for August 18th

US markets ended in deep red.
Europe also ended in red.
Asia has opened Flat.
Expect the Indian Markets to open flat to positive.

NIFTY Technicals :
Current Spot : 4387.9
Supports : 4341.6 & 4295.4
Resistance : 4467 & 4546.2

Day Trading Ideas :

DLF : Buy above 368 for targets of 375 and 379. SL of 359

ICICI Bank : Buy above 705 for targets of 715 and 722. SL of 699

RNRL : Buy above 79 for targets of 81 and 83. SL of 77.50

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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!

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Intrady tips and Market outlook for 15th May.

US markets ended higher.
Europe also ended in green.
Asia is trading positive.
Expect the Indian markets to open positive.

NIFTY magic levels
Current Spot - 3593.45
Support - 3540 and 3505
Resistance - 3631 and 3687

Day Trading Ideas -

RNRL
Buy above 59 for targets of 60.25 and 61.90
Sell below 55 for targets of 53.50 and 52.10

UCO Bank
Buy above 33.10 for targets of 34.25 and 35.50
Sell below 31.10 for targets of 30.45 and 29.50

IRB Infra
Buy above 112.45 for targets of 114 and 115.90
Sell below 106 for targets of 104.85 and 103.10

Suzlon
Buy above 77 for targets of 78.10 and 79.45
Sell below 74 for targets of 72.10 and 71.05

Happy Investing !

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