Friday, May 2, 2008

Market Outlook 02/05/08

As told on wednesday that indian market is going to take clue from world market today, nifty will go up and there might be a big gap up opening also.Nifty above 5190 will directly test 5245 and then straight test of 5315 is also possible.If nifty remains below 5190, it will remain weak (but possiblity of this is very remote).It is a bull market today above 5190 and just watch the bullish moves.There might be gap up opening today..watch out...!

Stock watch for the day:

Praj Industries (198): Buy this stock with stop loss 190 for target 206-212.

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