Intraday Tips and Market outlook for Dec 24th

by Chirag on December 24, 2009

in Intraday Tips.

US Markets ended flat.
Europe ended higher.
Asia has opened higher.
Expect Indian markets to open higher.
The crucial support on the downside for the Nifty is 5100 and resistance at 5182-5250
BSE Sensex: (17231) the crucial support on the Sensex on the downside is 17000 and resistance at 17500

Day Trading Ideas:

NTPC: Buy above 230 for targets of 233 and 236. SL of 227.50

IFCI: Buy above 52.25 for targets of 54 and 56.20. SL of 51.20

RNRL: Buy above 70 for targets of 72 and 73.50. SL of 68.80

Happy Investing!

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