Intraday Tips and Market outlook for 23rd March.

>> Monday, March 23, 2009

US Markets ends negative.
Europe was trading flat.
Asia is bonded to open flat to positive.
Expect Indian Markets to open in the same mannar.

The support for the Sensex is 8850-8710 and the resistance to the up move is at 9140-9378

Nifty: (2807) the support for the Nifty is at 2770-2723 and the resistance to the up move is at 2823-3142

Day Trading Ideas -

Jet Airways.
Buy above 163 for targets of 166 and 168
Sell below 156 for targets of 154 and 152

Buy above 174 for targets of 176 and 179
Sell below 171 for targets of 168 and 165

Tata Steel Ltd.
Buy above 179 for targets of 181 and 184
Sell below 172 for targets of 169 and 166

NIFTY Autogenerated Technical Analysis

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