Market outlook for 26th November

26/11/07
Market Outlook
Nifty ended in green and will continue its upward journey today also crossing 5630 and second half will be interesting again as selling is expected with resistance around 5720 level.Higher opening also might be witnessed.This time around, if 6000 is not crossed in coming day's nifty might come down till 5200 very ehavilya nd next 2,3 day's will be very interesting to watch and it all looks like manipulation again and remains to be seen wether bulls wil take over 600 or bears take down to 5200..!

Stock watch for the day:

NTPC:Watch this power stock...if it remains above 235, it will blast to 245 as first target today and below 235, 230 is strongest support

RPL-This stock looks to be set into buy mode for today and holding on to 205 support, it will move to 215-220 today itself. Buy only if 205 is held.