Free intraday tips and Market outlook for 9th Jan from IndianMoneyPlus.Com
Published on Friday, January 9th, 2009 at 5:56 AMAuthor: chiro (406 Articles)
US Markets ended mixed after a volatile start.
Europe ended marginally lower.
Asia is bonded to open flat to negative.
India is bonded to follow the same.
The support for the Sensex is 9100 and the resistance to the up move is at 10000
Nifty: (2920) the support for the Nifty is at 2800 and the resistance to the up move is at 3000
If markets open positive or up 300 odd points it is bonded to give up all its gain. If it opens week it can give a pull back or a short covering.
IFCI
Buy above 22.10 for targets of 22.90 and 23.50
Sell below 20.50 for targets of 19.80 and 19.10
Infosys tech.
Buy above 1197 for targets of 1209 and 1218
Sell below 1171 for targets of 1165 and 1160
Unitech
Buy above 37.50 for targets of 38.20 and 39.25
Sell below 34.10 for targets of 33.50 and 32.60
DLF
Buy above 242 for targets of 246 and 251
Sell below 231 for targets of 228 and 225
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Nifty is having a good support at 2800. If cuts only u can see a down trend.better to trade down trend today
satyam computer share holders fut