Market Outlook for 26th May, 2011

Nifty Future:

Resistance around 5365 and crossover of 5375, it will move to 5395 – 5440

Support around 5315 and breaking 5303, it will fall to 5265 – 5240

Stock Future:

Buy BGR Energy above 471 with Stop at 463. TGT 482 – 492

Short BHEL below 1916 with Stop at 1930. TGT 1890 – 1865

Short SBI around 2202 with Stop at 2211. TGT 2170 – 2140

Buy Tata Motors around 1131 with Stop at 1123. TGT 1152 – 1170

Happy Trading

C T Ramesh Raja