US Markets ended higher.
Europe ended negative.
Asia has opened flat.
Expect the Indian markets to have a flat to positive opening.
The crucial support on the downside for the Nifty is 4673-4499 and resistance at 4928
BSE Sensex: (15916) the crucial support on the Sensex on the downside is 15628 and resistance at 16514
Day Trading Ideas :
Spice Comm :
Buy above 63.5 for targets of 65 and 66.1. SL of 62.1
Sell below 62 for targets of 60.5 and 59.5. SL of 62.7
IFCI :
BUY above 51 for targets of 52.2 and 53.5. SL of 50.1
Sell below 50 for targets of 48.5 and 47.2. SL of 50.5
Happy Investing!
{ 4 comments… read them below or add one }
I think IFCI is in good trend.
Target will be of 56 by weekend.
Spice Comm also looks good for short term
Halo chirag,
how about NTPC for short period???
@ Anand agreed. IFCI and Spice both are having positive trend.
@ Chintu : NTPC at 205 doesnt look attractive to me. For me a better power stock is NHPC.