Tuesday, April 15, 2008

: Daily Market Outlook : 15th April, 2008 (Tuesday)

Market will be very volatile. Nifty on the verge of giving a short term buy signal. If

Nifty manages to close in the green today, then expect Nifty target of 4910-4916.

Market Direction will be determined today by the Infosys Guidance. If it manages to guide above Rs 92 per share, then the Infosys along with other IT shares will stage a rally.

Sensex Resistance at 15957-16063-16107-16259. Support at 15691-15655-15587-15464.

Nifty Resistance at 4816-4855-4917. Support at 4749-4727-4696.

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