Nifty hit exact support on friday and bounced back a bit and this support is still a strong support and above this level nifty is still bullish only and interesting to see whether it gets broken today or not.Opening is very important and if there is low opening, market might pick up from there and above 4970 nifty will find it difficult to break 5050 resistance for sure and if breaks 5050, heavy buying might come.Below 4970 if nifty trades, it will turn out weak only.watch our 3 things today..opening..first 30 minutes and then closing.
Stock watch for the day:
Todays call only for clients
Monday, May 12, 2008
Market Outlook 12/05/08
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