US Markets ended lower.
Europe also ended in red.
Asia has opened mixed.
Expect the Indian markets to have a flat opening.
The crucial support on the downside for the Nifty is 5250-5150 and resistance at 5280-5300
BSE Sensex: (17559) the crucial support on the Sensex on the downside is 17400-17170 and resistance at 17580-17675
Day Trading Ideas :
RNRL : Buy above 70 for targets of 73.5 & 75.8. SL of 68.2
Ashok Leyland : Buy above 60 for targets of 63.5 & 65.4. SL of 58
Indiabulls Financial : Buy above 154 for targets of 157 & 160. SL of 151
United Phosphorus : Buy above 170 for targets of 175 & 178. SL of 166
Happy Investing!