Today's market will be very volatile because of some issues like high inflation-which is actually bad for the market and infosys is announcing its result today and software stocks will be in action and if the result is bad, it will add up to the market sentiments.In all possiblity nifty will open negative below 4820 and if doesn't cross 4835 will remain weak throughout the day today.Nifty has support at 4780 for today and if breaks that then it will move towards 4730 very strong support.So, be prepared for volatile day of trading again.
Stock watch for the day:
SUZLON (290): Short this stock with stop loss 300 for targets 280-275
Tuesday, April 15, 2008
Market Outlook 15/04/08
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