Monday, November 19, 2007

Market Outlook for 19/11/07

Market Outlook for 19/11/07
Nifty continues to be range bound and 5960 still remains as stiff resistance if nifty crosses 5960, probably 6012 will be tested on upside or else selling will come near 5960. Downside, watch out for 5860 as strong support.It will be interesting to watch technical sectors for today as they have taken some beating in these day's and today it has to recover a bit here or else it will be worse for techinical sectors with infosys leading from front.Proabably, today is the day for market direction.

Stock watch for today:

BHARTI TELE: 904 is support for bharti and remain above that will shoot upto 924-937 and below 904, 890-895 is strongest support.

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