Market outlook and Intraday tips for 26th Feb.

>> Thursday, February 26, 2009

US markets ended negative after a volatile section.
Europe ended negative.
Asia has opended positive and so expect Indian markets to open positive.
Today is NIFTY Future expiry so markets can head any where or may even have low movements.
Today even Inflation data is supose to come out.
Be careful.

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 -

Buy above 43.15 for targets of 43.90 and 44.35
Sell below 42.10 for targets of 41.45 and 41.10

Buy above 29.10 for targets of 29.85 and 30.25
Sell below 28.10 for taregts of 27.45 and 26.90

Happy Investing.

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