Market Outlook 14/05/08

So, market crashed after making initial highs and today also it might be the same story as the market sentiments are still not good and weak as the markets are continuously facing selling pressure at higher levels and one may see testing of 4900 today and break will take it to 4860.Above 4950, nifty might test 5000 and if crosses then 5030 will be strong resistance for today.Market is not at all stable these days and also slow in going down and it is better if it breaks down to 4700 fast to get a decent entry again.

Stock watch for the day:

Todays call only for clients