For stocks, Fed chief in the spotlight,will decide direction.

MARKET FUNDAMENTALS:

For stocks, Fed chief in the spotlight,will decide direction :on Thursday

Gold jumped above $800 per ounce for the first time since 1980 on Friday, boosted by surging oil prices, a record low dollar and more fallout from the global credit market crisis.

A weaker dollar makes gold cheaper for non-U.S. investors and often lifts bullion demand. The metal also is generally seen as a hedge against oil-led inflation.

TECHNICALS:
sensex Resistance:
r1-20,350
r2-20,470
r3-20,585
sensex support:
s1-19,600
s2-19,485
s3-19,370.

NIFTY:
R1-6270
R2-6500
S1-5675
S2-5400.

MARKET SENTIMENT
5TH NOV +-+-
6TH NOV +++-
7TH NOV +++-
8TH NOV ++--

stocks:TVTODAY,PUNJ LLOYD,IFCI,REL,BHARTI AIRTEL,PTC
RNRL,RPL,RCOM