Market Outlook for 18th March, 2011

Nifty Future:

Resistance around 5513 and crossover of 5529, it will move to 5600 – 5635 – 5695

Support around 5458 and breaking 5454, it will fall to 5400 – 5365 – 5310

Stock Future:

Infosys:

Resistance around 2998 and crossover of 3007, it will move to 3030 – 3050

Support around 2988 and breaking 2985, it will fall to 2945 – 2920

Reliance Ind:

Resistance around 1047 and crossover of 1053, it will move to 1065 – 1085

Support around 1032 and breaking 1029, it will fall to 1015 – 1005

Happy Trading

C T Ramesh Raja