Intraday Tips and market outlook for 23rd February

by Chirag on February 23, 2010

in Intraday Tips.

US Markets ended flat.
Europe ended flat too.
Asia has opened flat.
Expect the Indian markets to have a flat to negative opening.
The crucial support on the downside for the Nifty is 4800 and resistance at 4918-4975-4993
BSE Sensex: (16237) the crucial support on the Sensex on the downside is 16000 and resistance at 16575

Day Trading Ideas :

Hindalco : Buy above 152 for targets of 156 and 159. SL of 149

Cairn India : Buy above 267 for targets of 272 and 275. SL of 263

Happy Investing!

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