Market Outlook for 24th March, 2011

Nifty Future:

Resistance around 5518 and crossover of 5539, it will move to 5585.

Support around 5475 and breaking 5469, it will fall to 5435 – 5405

Stock Future:

DR Reddy:

Short around 1595 with Stop at 1605. TGT 1575 – 1555

Tata Steel:

Buy Tata Steel around 609 with Stop at 603. TGT 620 – 630

Happy Trading

C T Ramesh Raja