Market outlook and intraday tips for 12th January

by vinod on January 12, 2012

in Intraday Tips.

US markets ended in Green.
Europe markets ended in Red.
Asian markets opened in Red.
Expect Indian market flat to Red.

Nifty Support & Resistance :

R 2 4895.45
R 1 4878.15
Pivot *4859.90*
S 1 4842.55
S 2 4824.3

Day Trading Idea :

Tata Consultancy : Buy above 1144 for target of 1153 & 1163 S/L 1133
Ultra Tech : Buy above 1143 for target of 1152 & 1159 S/L 1137

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