US markets plunge in the later hours. Europe has ended flat to negative.

Asia has opened flat. Expect Indian markets to open flat to negative.

A bullish mode expected in NIFTY.

Inflation has cooled down from 8% to 6.84% in a single week change.

The support for the Sensex is 9800-9660 and the resistance to the up move is at 10350

Nifty: the support for the Nifty is at 2902-2883-2795 and the resistance to the up move is at 3240

Day Trading Ideas.

India Infoline

Buy above 53.70 for targets of 54.50 and 55.90

Sell below 50.35 for targets of 49.10 and 48.50

IDFC

Buy above 70.50 for targets of 71.90 and 71.60

Sell below 65.45 for targets of 63.25 and 62.50

Reliance Capital

Buy above 508 for targets of 511 and 515

Sell below 496 for targets of 492 and 489

Educomp Solutions

Buy above 2630 for targets of 2640 and 2648

Sell below 2598 for targets of 2590 and 2582

Wipro

Buy above 253 for targets of 255 and 257

Sell below 246 for targets of 242 and 239

Happy Investing.

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US markets ended volatile in red.

Europe was trading mixed. Asia opened weak but now has picked up.

Expect Indian markets to have a flat to negative opening.

Satyam takes a U turn by canceling the deal with Maytas Infra.

Markets can go either ways depends on FII’s buying and profit booking.

The support for the Sensex is 9600-9460 and the resistance to the up move is at 9800

Nifty: (2954) the support for the Nifty is at 2902-2883-2795 and the resistance to the up move is at 3000

Day Trading Ideas.

Satyam

Buy Above 162.90 for targets of 168.50 and 173.90

Sell below 155 for targets of 151 and 148.50

Punj Llyod

Buy Above 161 for targets of 164 and 168

Sell below 154 for targets of 151 and 149

LNT

Buy above 791 for targets of 796 and 801

Sell below 770 for targets of 765 and 761

RNRL

Buy Above 49.50 for targets of 50.90 and 52.40

Sell below 47.60 for targets of 46.50 and 45.80

Happy Investing.

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US markets ended a positive note.

Europe ended flat. Asia has opened a bit higher on an average of 1%.

Indian markets are bonded to open higher.

Satyam Computers acquires 51% stake in Maytas Infra and 100% stake in its property. The deal is of whooping 1.6 Billion USD.

Yesterday Satyam’s ADR was down over 35%. This is a stock which can give maximum movement in todays market.

The support for the Sensex is 9750 and the resistance to the up move is at 10000-10324

Nifty: the support for the Nifty is at 2920 and the resistance to the up move is at 3210

Day Trading Ideas.

Satyam Computers

Buy above 201 for targets of 209 and 219

Sell below 196 for targets of 184 and 179

Maytas Infra – (This Scrip generally doesn’t have much volume be careful before trading. Yesterdays volume is 275 shares)

Buy above 475 for targets of 482 and 486

Sell below 460 for targets of 456 and 449

HDIL

Buy above 148 for targets of 151 and 153

Sell below 140 for targets of 136 and 132

IRB Infra

Buy above 107 for targets of 109 and 111

Sell below 102 for targets of 99 and 97

Happy Investing.

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US markets were trading choppy yesterday.

Europe ended flat. Asia has opened marginally lower.

I expect Indian markets to open lower.

Banking and Infra stocks can see a rally today.

The support for the Sensex is 9750 and the resistance to the up move is at 10000-10324

Nifty: (2981) the support for the Nifty is at 2920 and the resistance to the up move is at 3113

Day Trading Ideas

Asian Paints

Buy Above 862 for targets of 870 and 877

Sell below 852 for targets of 846 and 835

DLF

Buy Above 284 for targets of 288 and 293

Sell below 280 for targets of 274 and 270

GMR Infra

Buy Above 66.02 for targets of 67.55 and 68.75

Sell below 63.10 for targets of 62.10 and 61

Axis Bank

Buy Above 483 for targets of 495 and 504

Sell below 471 for targets of 466 and 461

Happy Investing.

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US markets ended a positive note. Europe ended mixed.

Asia has opened higher note. It has opened with a gap up of over 3%.

Now Asian markets are making new highs.

Expect India to have a gap up opening.

The support for the Sensex is 9450 and the resistance to the up move is at 10000-10324

Nifty: (2920) the support for the Nifty is at 2860 and the resistance to the up move is at 3113

Day trading Ideas.

LNT

Buy Above 793 for targets of 810 and 816

Sell below 766 for targets of 759 and 752

Hindalco

Buy Above 53.25 for targets of 54.15 and 55.30

Sell below 51.10 for targets of 50.50 and 49.60

Rajesh Export

Buy Above 26.70 for targets of 27.80 and 28.90

Sell below 24.85 for targets of 24.10 and 23.15

Unitech

Buy Above 35.15 for targets of 36.50 and 37.10

Sell below 32.90 for targets of 31.90 and 31

Shree Renuka Sugars

Buy Above 63.50 for targets of 64.80 and 65.90

Sell below 61.25 for targets of 60.20 and 59.10

Happy Investing.

US markets ended negative after a volatile secession. A report says US to see four quarter of nasty recession. Bank of America to cut about 35,000 jobs.

Europe ended mixed.

Asia has opened weak. Expect Indian markets to open flat to negative.

Today inflation is to come out.

Keep booking profits at every levels.

FII’s are yet net buyers. FII’s are constantly buying from past 3 days. Yesterday’s net figure is Rs 444 Crores.

The support for the Sensex is 9450 and the resistance to the up move is at 10000-10324

 Nifty: (2920) the support for the Nifty is at 2860 and the resistance to the up move is at 3113

Day Trading ideas for 12^th Dec.

Jet Airways.

Buy above 152 for targets of 155 and 159

Sell below 149.20 for targets of 146.90 and 145.20

ABB Ltd.

Buy above 455 for targets of 458 and 462

Sell below 451 for targets of 448 and 444

ACC Ltd.

Buy above 482 for targets of 486 and 490

Sell below 476 for targets of 472 and 468

Balaji Telefilms Ltd. 

Buy above 73.10 for targets of 75 and 77

Sell below 70.25 for targets of 68.50 and 67.10

Happy Investing.

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US markets ended positive after a volatile secession.

Europe ended mixed.

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

Today inflation is to come out.

Keep booking profits at every levels.

Yesterday FII’s were net buyers of over 900 Cr. So we may open positive only.

The support for the Sensex is 9450 and the resistance to the up move is at 10000-10324.

Nifty: (2928) the support for the Nifty is at 2860 and the resistance to the up move is at 3113.

Day Trading ideas for 10^th Dec.

RPL

Buy above 79 for targets of 81 and 82.50

Sell below 74 for targets of 71.90 and 70.10

IRB Infrastructure.

Buy above 89 for targets of 91.25 and 93.60

Sell below 84.20 for targets of 82.10 and 80.50

Sun TV Network.

Buy above 176 for targets of 178 and 180

Sell below 168 for targets of 166.50 and 165.10

Have you ever benefited from my ideas? If yes please post a comment bellow.

Happy Investing.

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