Nifty is looking to hold the level of 5090 to 5100 and getting good buying support at these levels. In the Nifty future we can expect the upside rally if it closes above the level of 5145 to 5150. Above this range it may touch the level of 5200 and if it sustains, could go till the level of 5225. At the moment moving in Narrow range of 5090 to 5145, so for that range I recommend buying in nifty around the level of 5100 for the target of 5140 with intra day stoploss 5080.
Courtesy : nifty-tips-calls-blogspot.com
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Intraday Tips and Market outlook for 11th March.
US Markets ended flat.
Europe ended flat too.
Asia has opened flat to positive.
Expect the Indian markets to have a flat to positive opening.
A bit of volatility can be expected from Indian markets.
NIFTY Support :5069.85 & 5093
NIFTY Resistance : 5138.3 & 5160.5
Day Trading Ideas :
IDFC : Buy above 165 for targets of 168 and 171. SL of 163.4
IFCI : Buy above 52 for targets of 53.1 and 54.25. SL of 50.50
Courtesy : indianMoneyPlus.com
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