Intraday Tips and Market outlook for 17th March.

>> Tuesday, March 17, 2009

US markets ended negative.
Europe ended positive.
Asia has opened mixed.
Indian Markets are expected to open lower.
The support for the Sensex is 8725 and the resistance to the up move is at 9065-9140
Nifty: (2617) the support for the Nifty is at 2539 and the resistance to the up move is at 2677-2704


Day Trading Ideas -

IFCI
Buy above 18.10 for targets of 18.65 and 19.20
Sell below 16.90 for targets of 16.45 and 16.10

RNRL
Buy above 44.90 for targets of 45.50 and 46.25
Sell below 42.20 for targets of 41.55 and 40.10

GAIL
Buy above 222.10 for targets of 223.25 and 224.50
Sell below 218.40 for targets of 217.10 and 216.05

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