Market outlook and Intraday tips for 6th Feb.

>> Friday, February 6, 2009

US markets ended a higher note.
Europe was trading volatile.
Asia has opened strong. Expect Indian Markets to open strong.

The support for the Sensex is 9034-8940-8868 and the resistance to the up move is at 9389

Nifty: (2780) the support for the Nifty is at 2705 and the resistance to the up move is at 2847-2904


Day Trading Ideas -

Aban Offshores
Buy above 423 for targets of 426 and 430
Sell below 409 for targets of 405 and 402

Dish TV
Buy above 23.25 for targets of 24.10 and 25.25
Sell below 21.25 for targets of 20.50 and 19.65

GMR Infra
Buy above 70.85 for targets of 71.90 and 72.50
Sell below 68.50 for targets of 67.90 and 66.50

GVK Power
Buy above 19.20 for targets of 19.90 and 20.45
Sell below 18.40 for targets of 18 and 17.45

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


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Happy Investing !

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