Daily Market Outlook : 2nd January, 2008 (Wednesday)

MARKET IS VERY STOCK SPECIFIC. SO BETTER HAVE A STOCK SPECIFIC APPROACH AS MARKET IS FACING RESISTANCE AT HIGHER LEVELS.

YESTERDAY NTPC, CANARA BANK, HCC & TATA POWER REACHED THEIR TARGETS. WHILE CAROL INFO HIT UPPER CIRCUIT, ZEE NEWS WAS UP BY MORE THAN 11%!!!

SENSEX RESISTANCE AT 20395-20498-20827. SUPPORT AT 20220-20159-20014.

NIFTY RESISTANCE AT 6165-6185-6274. SUPPORT AT 6107-6060-6025.

ALL MIDCAP PSU BANKS LOOKING HOT & READY TO EXPLODE. JUST GET HOLD OF ANY & EXPECT GOOD RETURNS !