Stock Advice for 30th July 2009

The US markets have ended flat in the last trading session. European markets managed to end higher. The Asian Markets have opened flat.

The Indian Markets are expected to open flat to positive. Today we have the Futures and Options expiry (Role Over) so volatility is expected in today's session of trading as a result of this.

The support for the Sensex is 15270-15150 and the resistance to the up move is at 15620-16050
Nifty: (4513) the support for the Nifty is at 4480-4440 and the resistance to the up move is at 4580-4625-4680

Day Trading Tips:

RIL : Buy above 1950 for targets of 1965 and 1985. SL of 1940

HDIL : Buy above 268 for targets of 272 and 278. SL of 265

Adlabs : Buy above 262 for targets of 268 and 274. SL of 258

NTPC :Buy above 215 for targets of 218 and 221. SL of 211

Happy Earnings... :)

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