Tuesday, April 8, 2008

Market Outlook 08/04/08

Yesterday market was very bullish breaking all resistances in between and made a high of 4798 and for today 4835 will be first and strong resiostance to crossover.If nifty failes near 4800 or at 4835, it will slide down to test 4735 again and if breaks 4735 market will again turn weak.So, today watch out for 4835 tough resistance.

Stock watch for the day:

ICICI Bank (811): Watch this stock and if support 798 is not broken will move towards 835-840 today

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