Market Outlook for 28th April, 2010

Nifty Future:

Long position need to be protected with SL at 5270. Trading below 5270, could lead  a sharp fall to 5205 and 5125.

Stock Future:

Short BHEL around 2495 with SL at 2505. TGT 2455 – 2445

Short Grasim around 2840 with SL at 2850. TGT 2795 – 2775

Short Tata Motors below 843 with SL at 855. TGT 815 – 800

Best wishes

Happy Trading

C T Ramesh Raja