Intraday Tips and market outlook for 17th February

by Chirag on February 17, 2010

in Intraday Tips.

US Markets ended higher.
Europe markets also ended up higher.
Asia has opened higher too.
Expect the Indian markets to have a positive opening.
The crucial support on the downside for the Nifty is 4800-4739 and resistance at 4918
BSE Sensex: (16227) the crucial support on the Sensex on the downside is 16000-15862 and resistance at 16469

Day Trading Ideas :

Alok Industry : Buy above 26.5 for targets of 27.1 and 28.9. SL of 25.8

RNRL : Buy above 65 for targets of 67 and 69.2. SL of 63.5

IFCI : Buy above 51 for targets of 52.9 and 54.2. SL of 49.8

Happy Investing!

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