Market outlook and Intraday tips for 18th Feb.

>> Wednesday, February 18, 2009

US markets crack badly down over 4%.
Europe is donw over 2%.
Asia is bonded to open nagative.
Expect IndianMoarkets to oppen in the same mannar.

The support for the Sensex is 8951-8166 and the resistance to the up move is at 9262

Nifty: (2771) the support for the Nifty is at 2752-2728 and the resistance to the up move is at 2840


Day Trading Ideas -

Adlabs
Buy above 163 for targets of 165 and 168
Sell below 152 for targets of 150 and 147

Dish TV
Buy above 25.90 for targets of 26.45 and 26.90
Sell below 23.90 for targets of 23.20 and 22.75

GMR Infra
Buy above 79.90 for targets of 80.65 and 81.45
Sell below 78.05 for targets of 77.15 and 76.45

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