Market Outlook for 27th April, 2010

Nifty Future:

Buy around 5302 with SL at 5290. TGT 5340. Crossover of 5347, can move to 5380.

Short around 5340 with SL at 5347. TGT 5302. And Breaking 5290, it can even fall to 5245.

Stock Future:

Buy Bhushan steel around 1810 with SL at 1780. TGT 1850 – 1875 – 1895

Buy L & T around 1609 with SL at 1597. TGT 1630 – 1650 – 1670

Best wishes

Happy Trading

C T Ramesh Raja