Market Outlook for 25th April, 2011

Nifty Future:

Resistance around 5921 and crossover of 5932, it will move to 5955 – 5990

Support around 5863 and breaking 5860, it will fall to 5825 – 5760

Nifty Future – Market Profile chart

Stock Future:

Short Aban below 671 with Stop at 680. TGT 656 – 646

Buy Axis Bank above 1467 with Stop at 1455. TGT 1495 – 1510

Buy HDFC Bank above 2432 with Stop at 2415. TGT 2460 – 2485

Short Infosys below 2922 with Stop at 2936. TGT 2892 – 2860 – 2825

Happy Trading

C T Ramesh Raja