Market outlook and Intraday tips for 25th Feb.

>> Wednesday, February 25, 2009

US markets opened flat but later rallied.
Europe ended in negative.
Asia is expected to open positive.
Expect Indian markets to open in the same manner flat to negative.

The support for the Sensex is 8630 and the resistance to the up move is at 9030-9157

Nifty: (2736) the support for the Nifty is at 2685 and the resistance to the up move is at 2789-2824


Day Trading Ideas


TCS

Buy above 471 for target's of 476 and 482

Sell below 461 for target's of 457 and 451


Infosys Technology

Buy above 1191 for target's of 1198 and 1207

Sell below 1171 for targets of 1164 and 1158


SBI

Buy above 1036 for targets of 1042 and 1048

Sell below 1020 for targets of 1012 and 1008


Happy Investing !

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