Market is in bullish mode as long as it trades above 5400 now and will face selling at higher levels.Today there are chances of breaking 5400 and maybe will test 5350 again.For today, if nifty gets past 5500, then watch out for 5560 strong resistance where selling might come again and if nifty gets past 5560, then 5600 has to be watched again.On downside,if 5400 is broken, 5350 will be tested.
Stock watch for the day:
RCom (686): This stock is in bullish trend and if remain above 675, it will hit 695-710.
Tuesday, February 5, 2008
Market Outlook 05/02/08
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