Market Outlook 07/03/08

There might be some buying coming today and upper side will find resistance again.For today, 4960 will be stiff resistance again and any move above that might try 5000 target straight and nifty below 4960 still reamians weak only.If nifty moves below 4900, it might test 4860 first support and if breaks that then again onus will be on 4800 strong support.Overall interesting to see the weak end today.Market may be volatile today also.

Stock watch for the day:

Bank of India (285): This stock has taken the beating from last few day's and still looks weeker only.Today watch this stock and on upper side, if not able to cross 292, just short it for target 279-274.