Nifty has finally broke its support of 4800 and started moving downwards now.Any raise will invite selling today.Below 4800, nifty will remain very weak and will move towards 4700 first and then it will be test of 4660 support again.If nifty moves above 4800, it will move towards 5855 strong resistance, where heavy selling might emerge again.So, interesting week starts today.Reliance group movements will be interesting here onwards.
Stock watch for the day:
DLF Limited (657): Watch this stock today as it has fallen too much and tdoay also looks weak below 680 and if doesn't cross 680 will hit 645-635 on downside.
Monday, March 10, 2008
Market Outlook 10/03/08
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment