(My Original Blog Post: http://www.onlineequitycalls.com/2008/12/intraday-tips-and-market-outlook-for-16th-dec-from-indianmoneypluscom/)
Source - IndianMoneyplus.Com 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

Bajaj Auto

Buy Above 249.17 for targets of 253.2 and 256.62

Sell below 246.10 for targets of 245.83 and 241.72

Asian Paints

Buy Above 862 for targets of 870 and 877

Sell below 852 for targets of 846 and 835


Buy Above 284 for targets of 288 and 293

Sell below 280 for targets of 274 and 270

Two More tips on www.IndianMoneyPlus.Com