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

MARKET BOUNCED OFF A SIGNIFICANT LEVEL, AFTER FILLING THE GAP. JUST CHECK OUR NIFTY SUPPORT LEVEL WAS 4620 AND NIFTY BOUNCED OFF 4628!! TODAY MARKET WILL OPEN WITH A GAP AS THERE WILL SIGNIFICANT AMOUNT OF SHORT COVERING.

SENSEX RESISTANCE AT 15924-16042-16170-16372. SUPPORT AT 15561-15360-15298.

NIFTY RESISTANCE AT 4790-4824-4855-4906. SUPPORT AT 4703-4676-4628.