MARKET OUTLOOK - 29th NOV. 2007

Market likely to open and trade firm today. Sensex has immediate resistance at 19210 and support at 18775.Sensex may touch 19400 if close/sustain above 19210.Sensex may touch 18600 if close/sustain below 18775.

NIFTY(5617.55)- Resistance-5714,5809 Support-5558,5500

Intraday Recommendations:

Buy IndiaBulls@790 SL 780 Tgt 850

Buy Powergrid@150 SL 140 Tgt 165

Buy Rain Calcining @ 55 Sl 53 Tgt 60

Buy IndusInd Bank @ 112 Sl 110 Tgt 120

F&O Recommendation: (POSITIONAL)

BUY DEC FUT-GMRINFRA ABOVE 250 TARGET 256,259 SL 245

All the best…….Happy Trading………