Intraday Tips and Market outlook for 18th March.

>> Wednesday, March 18, 2009

US markets ended positive.
Europe ended flat/ mixed.
Asia has opened higher.
Expect Indian Markets to have a flat to positive opening.

The support for the Sensex is 8651 and the resistance to the up move is at 9065-9140

Nifty: (2757) the support for the Nifty is at 2704 and the resistance to the up move is at 2805-2843



Day Trading Ideas.



HDIL


Buy above 71.45 for targets of 72.45 and 73.80


Sell below 69.45 for targets of 68.20 and 67.15



RPL


Buy above 81.20 for taregst of 82.10 and 83.25


Sell below 79.45 for taregst of 78.90 and 78.10


TCS


Buy above 502 for taregst of 506 and 510


Sell below 489 for targets of 486 and 481

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