Market outlook and intraday tips for 14th Jan.

US markets ended mixed.

Europe ended marginally negative.

Asia opened flat but now has pulled back and is trading positive.

India is bonded to open flat or positive.

The target for the Sensex is 8947-8845 and the resistance to the up move is at 9575-9750

Nifty: (2769) the target for the Nifty is at 2685-2404 and the resistance to the up move is at 2812

Day trading ideas

TCS

Buy above 526 for targets of 530 and 534

Sell below 512 for targets of 509 and 505

Infosys

Buy above 1238 for targets of 1243 and 1249

Sell below 1208 for targets of 1201 and 1196

Tata Steel.

Buy above 206 for targets of 209 and 213

Sell below 199 for targets of 196 and 193

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