Market Outlook for 21st April, 2011

Nifty Future:

Resistance around 5910 and crossover of 5917, it will move to 5955 – 5980

Support around 5854 and breaking 5842, it will fall to 5825 – 5805 – 5770

Stock Future:

Buy ABB above 837 with Stop at 827. TGT 858 – 868

Buy HDFC above 720 with Stop at 711. TGT 740 – 750

Buy Tata Motors around 1237 with Stop at 1226. TGT 1260 – 1275 – 1300

Happy Trading

C T Ramesh Raja