Market Outlook for 11th March, 2011

Nifty Future:

Resistance around 5559 and crossover of 5563, it will move to 5615 – 5650.

Support around 5471 and breaking 5468, it will fall to 5415 – 5380

Stock Future:

Axis Bank:

Resistance around 1303 and crossover of 1306, it will move to 1325 – 1330

Support around 1263 and breaking 1260, it will fall to 1245 – 1220

Dr Reddy:

Resistance around 1600 and breaking 1605, it will move to 1620 – 1640

Support around 1575 and breaking 1572, it will fall to 1555 – 1545

Happy Trading

C T Ramesh Raja