Europe was down on an average of 5%.
Asia is bond to open low.
Indian markets will have a gap down to flat opening today.
The support for the Sensex is 8700-8612-8532 and the resistance to the up move is at 9192
Nifty: (2683) the support for the Nifty is at 2650 and the resistance to the up move is at 2860-3113
Its not advisable to short any thing today.
Day Trading ideas.
Mphasis Ltd.
Buy above 168 for targets of 171 and 174
Sell below 156 for targets of 152 and 149
CESC Ltd.
Buy above 214 for targets of 217 and 221
Sell below 204 foir targets of 200 and 197
Aditya Birla Nuvo.
Buy above 504 for targets of 508 and 512
Sell below 494 for targets of 489 and 485
RNRL
Buy above 41.10 for targets of 41.90 and 42.35
Sell below 39.95 for targets of 39.20 and 38.60
More on - IndianMoneyplus.Com
Happy Trading.
