As told yesterday, only big resistance is at 6110 and if gets past that it might be only one way up for today.But expiry effect also might come into effect in the last hour of play and lots of volatility can be seen.Watch out for 6150-6180 if nifty crosses 6110 resistance and on downside 6050 and 6000 will be big supports for today.Traders participations is also less these day's and market might settle down in another week showing perfect direction.
Stock watch for the day:
Exide industries (77.7): This stock looks exciting above 75 and may touch 82-84 today if 75 is saved.
Thursday, December 27, 2007
Market outlook for 27/12/07
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