Market outlook and Intraday tips for 2nd Feb.

US markets on Friday were marginally lower.
Europe markets ended lower.
Asia has opened weak.
India is bonded to open flat to negative.

The support for the Sensex is 8246-9130 and the resistance to the up move is at 9551

Nifty: (2875) the support for the Nifty is at 2800 and the resistance to the up move is at 2904-2962.

Day Trading Ideas -

TCS
Buy above 514 for targets of 520 and 528
Sell below 507 for targets of 502 and 498

RCom
Buy above 176 for targets of 180 and 184
Sell below 166 for targets of 162 and 158

IFCI
Buy above 19.60 for targets of 20.10 and 20.50
Sell below 18.50 for targets of 18.10 and 17.55

Unitech
Buy above 33.15 for targets of 34.20 and 35.10
Sell below 31.10 for targets of 30.25 and 29.50

Now get NIFTY EDO technicals (Autogenerated) Every Day Here.

Free SMS Updates subscribe - Click here

Happy Investing !