Intraday Tips and market outlook for Dec 31st

by Chirag on December 31, 2009

in Intraday Tips.

US Markets ended flat.
Europe ended in red.
Asia has opened positive.
Expect the Indian markets to open in the same manner.
The crucial support on the downside for the Nifty is 5111 and resistance at 5250
BSE Sensex: (17344) the crucial support on the Sensex on the downside is 17146-17000 and resistance at 17500

Day Trading Ideas :

HCC: BUY Above 148 for targets of 150 and 152.20. SL of 145.25

DLF: BUY above 365 for targets of 370 and 377. SL of 359

MNM: BUY Above 1060 for targets of 1071 and 1084. SL of 1049

Happy Investing and a Happy New Year in advance!

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