Tuesday, March 25, 2008

Market Outlook 25/03/08

Market will continue to move upwards today also and it's interesting to see what game is set up for this expiry as market is facing selling pressure at every high's and more interesting to see when can nifty cross 4740 comfortably-which infact will move nifty towards 4900-4980 level.For today, 4650 will be crucial level to watch and above 4650 nifty will move strongly towards 4720-4740 big resistance and if nifty starts trading below 4530, it will turn out weak.But, chances of nifty hitting 4800-4900 before expiry is bright and let us see the fun till expiry now.

Stock watch for the day:

Max India (140): Buy this stock in dips with stop loss 130 for the target 146-150

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