Market outlook and intraday tips for 15th Jan.

by Chirag on January 14, 2009

in Uncategorized

US markets plunge.
Europe also was in red down over 4%.
Asia has opened weak.
India is bonded to open lower.

The target for the Sensex is 9250 and the resistance to the up move is at 9557-9731

Nifty: (2835) the target for the Nifty is at 2775 and the resistance to the up move is at 2882-2931

Day trading ideas.

IFCI

Buy above 20.90 for targets of 21.25 and 21.90

Sell below 19.80 for targets of 19 and 18.45

DLF

Buy above 215 for targets of 219 and 223

Sell below 205 for targets of 199 and 193

HDIL

Buy above 109 for targets of 112 and 115

Sell below 102 for targets of 98 and 93


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