Intraday Tips and Market Outlook for 16th March

by Chirag on March 16, 2010

in Intraday Tips.

US Markets ended mixed.
Europe ended in red.
Asia has opened mixed.
Expect the Indian markets to have a flat to positive opening.
The crucial support on the downside for the Nifty is 5100-5030 and resistance at 5175-5250
BSE Sensex: (17165) the crucial support on the Sensex on the downside is 17000 and resistance at 17272

Day Trading Ideas :

Jayaswal Neco : Buy above 33.8 for targets of 34.5 & 35.9. SL of 32.1

HDIL : Buy above 300 for targets of 306 and 312. SL of 296

Happy Investing!

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