Intraday Tips and Market outlook for 16th March.

>> Monday, March 16, 2009

US markets ended mixed.
Europe also ended mixed.
Asian markets have opened a bit higher.
Expect Indian Markets to have a flat to positive opening.
The support for the Sensex is 8600 and the resistance to the up move is at 8872-9066
Nifty: (2719) the support for the Nifty is at 2665 and the resistance to the up move is at 2755-2805

Day Trading Ideas -

Buy above 314 for targets of 322 and 331
Sell below 289 for targets of 380 and 272

Buy above 512 for targets of 520 and 526
Sell below 501 for targets of 492 and 486

Sintex Industries
Buy above 88.45 for targets of 89.90 and 91.25
Sell below 84.25 for targets of 83.10 and 82.45

Happy Investing.

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