Thursday, November 15, 2007

Market outlook for 15th november

15/11/07

Market outlook for 15th november

NIfty once crossed 5800, there was not stopping and ended above 5900 and nifty has last resistance near 5960 and crossver stright to 6040 where selling will come today.Today, it is interesting to see where selling will come.Will it be near 5960 only or near 6050.Because of yesterday's move, today gap filling exercise has to come and where it will come is interesting and if nifty zooms past 6040 also, higher level selling will come for sure.

Stock watch for today:

Bharti Airtel: Today, bharti might move towards 870-875 where selling will come and below 850, it will fall to 840-835

Infosys:This stock has gone up yesterday along with the index and today if it is abopve 1690, it will continue its upwards journey towards 1740 as first target and once it breaks 1690, it will come down sharply

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