Intraday Tips and Market Outlook for 17th March

by Chirag on March 17, 2010

in Intraday Tips.

US Markets ended higher.
Europe ended higher too.
Asia has also opened in green.
Expect the Indian markets to have a flat to positive opening.
The crucial support on the downside for the Nifty is 5160 and resistance at 5217-5250
BSE Sensex: (17383) the crucial support on the Sensex on the downside is 17250 and resistance at 17272

Day Trading Ideas :

MNM : Buy above 1135 for targets of 1152 and 1168. SL of 1120

IndusInd Bank : Buy above 165 for targets of 168 and 170. SL of 162

IRB Infra : Buy above 253 for targets of 258 and 262. SL of 250

Happy Investing!

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