Intraday Tips and Market outlook for Dec 23rd.

by Chirag on December 23, 2009

in Intraday Tips.

US Markets ended higher.
Europe ended higher too.
Asia have opened positive.
Expect the Indian markets to have a positive opening.
The crucial support on the downside for the Nifty is 4950 and resistance at 5035-5063
BSE Sensex: (16692) the crucial support on the Sensex on the downside is 16600 and resistance at 16873-16965

Day Trading Idea:

Suzlon: BUY above 84 for targets of 86 and 87.25. SL of 82.50

SAIL: BUY above 225 for targets of 230 and 234. SL of 221

KFA: BUY above 56 for targets of 57.85 and 58.50. SL of 55.10

Happy Investing!

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