Market outlook and Intraday tips for 24th Feb.

US markets crack badly.
Europe ended marginally lower.
Asia is bonded to open negative or may be even flat.
Indian markets will open in the same mannar.

The support for the Sensex is 8630 and the resistance to the up move is at 8977

Nifty: (2736) the support for the Nifty is at 2685 and the resistance to the up move is at 2802

Day Trading Ideas -

GMR Infra

Buy above 78.50 for targets of 79.85 and 80.45

Sell below 76.45 for targets of 75.90 and 75.10

Voltas

Buy above 39.45 for targets of 40.10 and 40.95

Sell below 37.40 for taregst of 36.85 and 36.10

HUL

Buy above 252 for targets of 255 and 258

Sell below 247 for targets of 245 and 243

SBI

Buy above 1052 for taregts of 1063 and 1071

Sell below 1032 for taregts of 1024 and 1019

NIFTY 1 Month Future.

Bearish (Indication Avoid)