Tuesday, December 9, 2008

Intraday tips and Market outlook for 10th Dec from IndianMoneyPlus.Com

(My Original Blog Post: http://www.onlineequitycalls.com/2008/12/intraday-tips-and-market-outlook-for-10th-dec-from-indianmoneypluscom/)

IndianMoneyplus.Com - US markets fell down after it rallied for 2 days.

Europe ended a higher note.

Asia has opened marginally higher. I expect Indian markets to open flat to negative.

The support for the Sensex is 8915 and the resistance to the up move is at 9320-9478-9630.

Nifty: (2784) the support for the Nifty is at 2700 and the resistance to the up move is at 2860-3113.

Day Trading ideas for 10th Dec.


Buy above 217 for targets of 223 and 227.

Sell below 207 for targets of 202 and 198.


Buy above 42.30 for targets of 43.60 and 45.30

Sell below 40.60 for targets of 39.30 and 37.60

Crain India

Buy above 142.20 for targets of 147.40 and 152.20

Sell below 137.40 for targets of 132.50 and 129.60


Buy above 33.10 for targets of 34.40 and 36.50

Sell below 31.50 for targets of29.40 and 28.25

Happy Investing.

More on IndianMoneyplus.Com

1 comment:

KnowYourProfit said...

This blog is nice and informative,good to know that the blog created by the webmaster is very helpfull to the visitors

Now on Saturday i.e 6th Dec'08 RBI has cut Repo rate by 100 BPS to 6.5%, due to this we can see some rebound in the Indian Stock Market,as this is one of the factors which will also decide the movement of Nifty in coming days along with different other factors,our advice for intraday traders is to trade light

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