Intraday Tips and Market outlook for Aug 17th

by Chirag on August 17, 2010

in Intraday Tips.

US Markets ended flat.
Europe ended mixed.
Asia has opened mixed.
Expect the Indian markets to have a flat to positive opening.

NIFTY Technicals :

S 2 5359.05
S 1 5388.65
Pivot *5426.95*
R 1 5456.5
R 2 5494.8

Day Trading Ideas :

UCO Bank :
Buy above 107 for targets of 108.5 & 109.8. SL of 105.8
Sell below 105 for targets of 103.8 & 102.9. SL of 106.2

Happy Investing!

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