Two days of falling markets in India after the budget and the world markets are still in a downturn. US markets closed 3.8% down in Dow and 4.15% in Nasdaq. The Asian markets are trading lower now with Nikkei-225 trading down by 1.19% because of the deepening recession in Japan. Hang Seng is also down by 1.8% now. So we can further expect fall in the markets today or a muted session.

Some of the intra day trading tips for today include:

Sell Reliance Capital Below 378, Stop Loss: 385, Target :  370,368

Sell HDFC Bank Below 878, Stop Loss: 886, Target: 865, 860

Sell Tata Steel Below 168, Stop Loss: 172, Target: 163,161

Sell ICICI Below 383, Stop Loss: 387, Target: 375,372

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