Tuesday, January 8, 2008

Daily Market Outlook : 8th January, 2008 (Tuesday)



WE SAID YESTERDAY THAT THE SENSEX HAD GIVEN A BREAKOUT AND SEE WHAT HAPPENED TO SENSEX, IT WENT UP BY MORE THAN 100 POINTS. FOR NIFTY WE SAID THAT IT NEEDED TO CLOSE IN THE POSITIVE BY JUST 5 POINT AND IT DID THAT. NOW EXPECT SENSEX AND NIFTY TO RUN.

SENSEX RESISTANCE AT 20861-21114-21304. SUPPORT AT 20438-20367-20293.

NIFTY RESISTANCE AT 6326-6379-6439. SUPPORT AT 6193-6126-6060-6021.

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