Market outlook and intraday tips for 2nd January

by vinod on January 2, 2012

in Intraday Tips.

US markets closed.
Europe markets closed.
Expect Indian market flat to positive.

Nifty Support & Resistance :

R 2 4722.75
R 1 4673.5
Pivot *4641.20*
S 1 4591.95
S 2 4559.65

Day Trading Idea :

Reliance Ind. : Buy above 690 for targets of 696 & 702 S/L 686.
United Spirit : Buy above 489 for targets of 494 & 499 S/L 485.

Wish you Happy New Year.

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