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Intraday tips and Market outlook for 16th Dec from IndianMoneyPlus.Com

Monday, December 15, 2008

     

(My Original Blog Post: http://www.onlineequitycalls.com/2008/12/intraday-tips-and-market-outlook-for-16th-dec-from-indianmoneypluscom/)
Source - IndianMoneyplus.Com US markets were trading choppy yesterday.

Europe ended flat. Asia has opened marginally lower.


I expect Indian markets to open lower.


Banking and Infra stocks can see a rally today.


The support for the Sensex is 9750 and the resistance to the up move is at 10000-10324


Nifty: (2981) the support for the Nifty is at 2920 and the resistance to the up move is at 3113






Day Trading Ideas






Bajaj Auto


Buy Above 249.17 for targets of 253.2 and 256.62


Sell below 246.10 for targets of 245.83 and 241.72






Asian Paints


Buy Above 862 for targets of 870 and 877


Sell below 852 for targets of 846 and 835






DLF


Buy Above 284 for targets of 288 and 293


Sell below 280 for targets of 274 and 270




Two More tips on www.IndianMoneyPlus.Com

posted by Sumit Bhatia @ 6:18 PM  

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