Tuesday, April 1, 2008

Daily Market Outlook : 1st April, 2008 (Tuesday)


Market lost its way yesterday thanks to the report that ICAI has asked companies to disclose M to M losses in derivatives trades from the current financial year onwards. This may hit Q4 March 2008 bottom line.

Sensex will try and fill up the gap between 15612 and 15351.

Sensex Support at 15482-15362-15228. Resistance at 15713-15802-15991.

Nifty Support at 4676-4620-4580. Resistance at 4772-4824-4855.

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