Market outlook and Intraday tips for 27th Feb.

>> Friday, February 27, 2009

US markets ended negative.
Europe ended positive.
Asia is bonded to open flat. Expect Indian Markets to open in the same manner.

The support for the Sensex is 8750-8630 and the resistance to the up move is at 9030-9157

Nifty: (2786) the support for the Nifty is at 2730-2685 and the resistance to the up move is at 2824

Day Trading Ideas -

Buy above 158 for targets of 161 and 164
Sell below 152 for targets of 149 and 146

Buy above 77.10 for taregts of 78.45 and 79.65
Sell below 73.45 for targets of 72.90 and 72.10

Buy above 614 for targets of 619 and 624
Sell below 607 for targets of 602 and 599

Happy Investing !
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