Market outlook and Intraday tips for 16th Feb.

US markets had ended marginally lower.
Europe ended mixed.
Asia is trading total flat.
Expect Indian Markets to have a bit gap down or a flat opening.

The support for the Sensex is 9445 and the resistance to the up move is at 9824

Nifty: (2948) the support for the Nifty is at 2900 and the resistance to the up move is at 3004

Day Trading Ideas -

Unitech -

Buy above 32.05 for targets of 32.80 and 33.55

Sell below 29.50 for targets of 29.05 and 28.40

DLF
Buy above 163 for targets of 165 and 167.45
Sell below 157 for targets of 155 and 153

IFCI
Buy above 21.45 for targets of 21.90 and 22.50
Sell below 20.05 for targets of 19.45 and 19.00

SBI
Buy above 1199 for targets of 1208 and 1218
Sell below 1184 for taregts of 1178 and 1169

Happy Investing!

NIFTY Autogenerated technical Analysis here.