Market witnessed a strong pull back after making a low of 4620-just short of 70 points of my traget 4550 on downside and made a high of 4815.Still nifty looks week only as it is also effected by world market weakness.For today, remain below 4815, nifty will again move downwards towards 4750 suport first and if breaks it will slide towards 4700 and then 4660 also.If nifty moves above4815 also, higher level it will face selling again for sure.So, be cautious at every higher levels.
Stock watch for the day:
SAIL (237): If this stock doesn't cross 240, it will fall down to 232-228 today.
Tuesday, March 11, 2008
Market Outlook 11/03/08
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