Monday, December 10, 2007

Market outlook for 10/12/07

10/12/07

Left has started threatning the government again......

Nifty is facing selling at every raise and for today watch out for 6050-6060 range and if nifty doesn't cross this range, it will again fall from the top for sure.In other way round, if nifty crosses this level then all round buying will come today.Moreover left has again started threatning the government over nuclear issue and so, market might seem to fall from top again today.Downside, watch out for 5920 and then 5890 support.It looks like a play between 5920-6060 today.Any break might be crucial

Stock watch for the day:

Bharti Tele (959) : This has broken out and for today, buy this stock with stop 950 for target of 985

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