Intraday Tips and Market Outlook for 22nd March

by Chirag on March 22, 2010

in Intraday Tips.

US Markets ended in red.
Europe ended mixed. But flat.
Asia has opened in red.
Expect the Indian markets to have flat to negative opening.
The crucial support on the downside for the Nifty is 5220 and resistance at 5300
BSE Sensex: (17578) the crucial support on the Sensex on the downside is 17400 and resistance at 17635-16800

Day Trading Ideas :

IFCI : Buy above 51 for targets of 52.5 and 53.8. SL of 49.8

REC : Buy above 250 for targets of 254 and 258. SL of 247

Happy Investing!

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