Daily Market Outlook : 20th February, 2008 (Wednesday)

MARKETS CHOPPY AND ONCE AGAIN FACED RESISTANCE IN THE ZONE OF 18265-18275 AS WE MENTIONED YESTERDAY.

MARKET LIKELY TO REMAIN VERY CHOPPY AND WILL FACE STIFF RESISTANCE ON THE HIGHER SIDE. SOME IT STOCKS LIKE IFLEX, SASKEN COMM, TULIP IT & POLARIS SHOWING GOOD BUILD UP.

SENSEX : RESISTANCE AT 18177-18233-18275-18313. SUPPORT AT 18018-17900-17571-17445.

NIFTY : RESISTANCE AT 5305-5343-5367-5403. SUPPORT AT 5265-5224-5151-5104.