Market Outlook for 28th April, 2011

Nifty Future:

Resistance around 5885 and crossover of 5905, it will move to 5925 – 5975

Support around 5845 and breaking 5839, it will fall to 5806 – 5775 – 5750

Stock Future:

Short Aban around 675 with Stop at 680. TGT 663 – 650

Short Reliance capital around 590 with Stop at 596. TGT 580 – 570

Short Tata Steel around 630 with Stop at 634. TGT 618 – 605

Happy Trading

C T Ramesh Raja