13/12/07
Nifty has finally crossed 6100 mark and for today remain above 6110, it looks one sided and it's buy on dips today until 6110 is held.Market is in very bullish mode and as told yesterday in market outlook, nifty is targeting 6400 in near term now.Today, watch out for 6225 resistance zone on upper side and above that it might even hit 6300 also...! but, selling might arise near 6225 range.Downside, watch out for support at 6110 and if breaks (chances are very very remote), market will panic again.
Stock watch for the day:
Nahar Industries: This stock is in very bullish mode and crossover 145 will hit 155-160 today only.Downside support is at 136
Thursday, December 13, 2007
Market outlook for 13/12/07
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