Market Outlook for 06/12/07
Nifty zoomed above 5920 and also ended in green and looks to be in very bullish mode now till it maintains 5920.Can it be gap opening today above 6012 is to be seen and high made in first hour is very important today.If the resistance of 5980-6010 is not taken off then again danger ahead for nifty.For today, nifty looks very bullish and 5980-6010 is the resistance zone to be watched which might also be taken off if the gap up opening comes above that and if not, support will be at 5920 and then 5860 on downside.
Stock watch for the day:
Neyveli Lignite: Watch this stock for today and if it maintains 260, target for today would be 275 and below 260, support is at 254 and then 246
Thursday, December 6, 2007
Market Outlook for 06/12/07
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