Tuesday, November 20, 2007

The Nifty may open around 5765 today, says an NDTV Profit Poll. The 50-share index will have major support at 5710. Stocks to watch todat are Punj Lloyd, Ambuja Cements and TVS Motors.

If the market falls 150 to 200 points from the current levels, one can certainly jump in and stocks like IFCI, IDBI, Renuka Sugars and even ACC, says Deven Shah, technical analyst, on NDTV Profit. There is no reason to fear, he adds.

The market opened marginally lower on Tuesday. Currently the Sensex is at 19,540, down 93 points from the previous close. Nifty is at 5874, down 33 points.

No comments: