Monday, December 3, 2007

Market outlook for 3rd December

Market Outlook for 3rd December

Begining of december and last month of the year starts and market interestingly poised and looks set to test 6000 again if 5820 resistance is taken off.So, for today market sentiments are looking very good , but still watch out for 5820 resistance and crossover might be very bullish and also one sided to test 6000 resistance for one more time i believe.Anyways, today's closing and tomorrow's trading is very important for further market actions in coming day's.Today keep a watch on IT stocks-might move strongly.

Stock watch for the day:

Crompten Greeves: Watch this stock for today and move above 420 will fire towards target 440-445 today itself

Neyveli Lignite: This stock is looking hot.Buy this with stop loss 230 for target 245-252

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