US Markets ended higher.
Europe ended flat to negative.
Asia has opened positive.
Expect the Indian markets to have a flat to positive opening!
The crucial support on the downside for the Nifty is 4950-4850 and resistance at 5100
BSE Sensex: (16720) the crucial support on the Sensex on the downside is 16600 and resistance at 17050
Day Trading Ideas:
HDIL: BUY above 340 for targets of 345 and 349. SL of 337
REC: BUY above 230 for targets of 234 and 237. SL of 227
Cipla: BUY above 357 for targets of 364 and 367. SL of 353
IFCI: BUY above 51 for targets of 53 and 55. SL of 49
Happy Investing!
Hope you people have read Weekly NEWS Letter – technicals & stock tips.
