US Markets ended higher.
Europe ended higher too.
Asia has opened positive with a gap up opening.
Expect Indian markets to open higher too.
The crucial support on the downside for the Nifty is 4850 and resistance at 5000
BSE Sensex: (16601) the crucial support on the Sensex on the downside is 16385 and resistance at 16780
Day Trading Ideas:
RNRL: Buy above 69 for targets of 72.50 and 74. SL of 67
HCC: Buy above 135 for targets of 138 and 140. SL of 132.85
REC: Buy above 230 for targets of 234 and 236. SL of 228
Happy Investing!