Intraday Tips and market outlook for Jan 5th

by Chirag on January 5, 2010

in Intraday Tips.

US Markets ended higher.
Europe ended higher.
Asia has opened higher.
Expect the Indian Markets to open higher.
The crucial support on the downside for the Nifty is 5150 and resistance at 5250-5385
BSE Sensex: (17559) the crucial support on the Sensex on the downside is 17320 and resistance at 17887

Day Trading Ideas -

Shree Ashtavinayak Cine Vision :
BUY above 81 for targets of 83 and 85. SL of 79

IFCI : BUY above 57 for targets of 58.20 and 59.75. SL of 55.50

RNRL : BUY above 71 for targets of 72.50 and 74.10. SL of 69.10

Happy Investing!

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