Market showed severe volatility after opening strong yesterday and the volatility will constinue for today and also tomorrow due to Expiry of Feb month F&O contract and Union Budget.For today, above 5300 nifty will again test 5360 ressitance and if crosses 5360, then might move towarsd 5400.Nifty below 5300 may test 5250-5220 strong supports today.Being in intraday, one got to play along with the trend set for that particular day.
Stock watch for the day:
IRB Infrastructure (201.7): If remains above 200, it will move to 210-212 again and below 200 might test 195
Thursday, February 28, 2008
Market Outlook 28/02/08
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