Market outlook for 20th November

20/11/07

Nifty still below 6000 and till it crosses 6000, it is sell at raise only and today nifty looks all set to break 5860 on downside which will drag nifty to lower level in comnig day's for sure as 5860 is important support for nifty.Opening will be very crucial for today and might as well decide the trend for the day.Allround buying might start only if nifty zooms past 6012 level.

Stock watch for the day:

Infosys Technology: This IT major is at the crucial point now and Just 10 points away from 1 year low and if slides below 1610, will target 1580 on downside.On upper side 1630 level has to be watched.Above 1630, some buying might come.