There is so much of volatility in the market these day's and also now onwards factors like christmas, new year, global factors and also expiry effect will show its presence in the market.For today, above 5780 nifty will move towards big resistance at 5860 which is to be watched as selling is expected again around these levels.Downside, 5700 still remains big support for nifty.Break of 5700 might take nifty to 5665 support.
Stock watch for the day:
Marico (68.9) : Yesterday this stock achieved its given target and for today also it is a buy above 67 and target will be 73.But, if 67 breaks (chances are very very remote) it might fall to 65
Wednesday, December 19, 2007
Market outlook for 19/12/07
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