Market Outlook for 17th March, 2011

Nifty Future:

Resistance around 5547 and crossover of 5553, it will move to 5590 – 5605.

Support around 5488 and breaking 5477, it will fall to 5425 – 5380 – 5345

Stock Future:

Dr Reddy:

Resistance around 1581 and crossover of 1585, it will move to 1605 – 1630

Support around 1540 and breaking 1534, it will fall to 1515 – 1490 – 1475

Rel Infra:

Resistance around 648 and crossover of 650, it will move to 665 – 675

Support around 635 and breaking 624, it will fall to 600 – 585

Happy Trading

C T Ramesh Raja