Nifty is showing weekness now and below 6110, today also nifty will continue its downwards journey and if nifty crosses 6110 in anytime, allround buying will emerge again.Downside, 5990 will provide good support and if there is lower opening and if 5990 is not broken, there will be smart recovery.So, watch out for 5990-6110 today and any side break out will be too much.Watch the market for initial 30 minutes which might decide the market trend for today.If 5990 gets broken anytime, then the lower support is at 5960.
Stock watch for the day:
Gail : This stock will move towards 530-535 above 510 and if 510 is broken then might fall to 500.
Monday, December 17, 2007
Market outlook for 17/12/07
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment