Outlook for 19Mar07

Nifty: 3608.55 -35.05 Points Sensex: 12430.40 -113.45 Points

FII Activity:
Cash Segment: 202.47 crores net sellers
Index Futures: 563.08 crores net sellers
Stock futures: 104.49 crores net buyers

Advance Decline ratio: 253:775

Outlook for 19Mar07:
The markets might open in the positive taking the cue from the asian markets. Then it should drift down gradually. The Nifty might find some support at its previous low of 3555. For today the support levels are 3563-3540 and find some resistance at 3623 and 3678.

Futures Trading Calls:

No Calls today.

Cash Calls:

Buy Mcleod Russel with a short term view for target 76.00

Disclaimer: The recommendations provided would be purely on my personal opinion and doesnot reflect any fund house interest or my personal holdings. I would not be responsible for the loss in trades undertaken based on my recommendations.