Intraday Tips and market outlook for Feb 10th

by Chirag on February 10, 2010

in Intraday Tips.

US Markets ended higher.
Europe ended mixed/flat.
Asia has opened higher.
Expect the Indian Markets to have a flat to positive opening.
The crucial support on the downside for the Nifty is 4739-4673 and resistance at 4918
BSE Sensex: (16042) the crucial support on the Sensex on the downside is 15862-15628 and resistance at 16469

Day Trading Ideas :

Lanco Infra :
Buy above 49.3 for targets of 51.15 and 52.2. SL of 48
Sell below 48 for targets of 47.1 and 45.9. SL of 49.1

Suzlon :
Buy above 73 for targets of 74.5 and 76.1. SL of 71.5
Sell below 71 for targets of 69.5 and 68.1. SL of 72.1

Happy Investing!

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