Market outlook and Intraday tips for 4th March.

>> Wednesday, March 4, 2009

US markets ended flat after a volatile section.
Europe also ended in red.
Asia has opened flat.
Expect Indian Markets to have a flat to gap down opening.

The support for the Sensex is 8400-8168 and the resistance to the up move is at 8700

Nifty: (2675) the support for the Nifty is at 2600-2484 and the resistance to the up move is at 2725

Day Trading Ideas -

India Infoline
Buy above 45.10 for targets of 45.90 and 46.85
Sell below 43.05 for targets of 42.45 and 42.05

Buy above 38.10 for targets of 39.05 and 39.80
Sell below 36.25 for taregst of 35.85 and 35.20

Buy above 17.90 for targets of 18.40 and 18.85
Sell below 16.25 for targets of 15.90 and 15.50

Happy Investing.

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