Market outlook and Intraday tips for 9th Feb.

>> Monday, February 9, 2009

US markets ended positive on Friday.
Europe was also flat.
Asia has opened positive but is giving up all its gain.
Expect Indian Markets to open flat to positive.

The support for the Sensex is 9227 and the resistance to the up move is at 9400-9539

Nifty: (2843) the support for the Nifty is at 2750 and the resistance to the up move is at 2889

Day Trading Ideas -

Sesa Goa -

Buy above 97.80 for targets of 99.65 and 101.15

Sell below 94.10 for targets of 93.15 and 92.10

Spice tele -

Buy above 74.10 for targets of 76.25 and 80.40

Sell below 69.30 for targets of 68.15 and 67.10

Unitech -

Buy above 29.10 for targets of 30.15 and 31.05

Sell below 27.45 for targets of 26.80 and 25.90

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Happy Investing !