Thursday, May 8, 2008

Market Outlook 08/05/08

Nifty is still saving 5100 and today is an important day of trading as far as the further trend to be decided.Today's inflation figures also might effect the market to some extent.Nifty is expected to test 5100 support again today and if breaks this support level then 5050 support testing is on cards.Above 5100 nifty is moving towards first resistance at 5165 and if crosses that 5185 is again a very tough resistance to cross today.

Stock watch for the day:

Today's call only for clients

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