Intraday Tips and Market Outlook for 30th March.

>> Monday, March 30, 2009

US markets plunge on Friday evening.
Europe ended marginally lower.
Asia has opened weak.
Expect the Indian Markets to open in the same mannar.
We may have a negative opening.

The support for the Sensex is 9635 and the resistance to the up move is at 10201

Nifty: (3109) the support for the Nifty is at 3040 and the resistance to the up move is at 3142-3184

Day Trading Ideas -

Buy above 21.10 for targets of 21.90 and 22.45
Sell below 20.10 for targets of 19.45 and 19.05

Buy above 689 for targets of 696 and 708
Sell below 658 for targets of 650 and 641

Reliance Industry
Buy above 1560 for targets of 1569 and 1576
Sell below 1535 for targets of 1529 and 1520