Market Outlook for 22nd June, 2011

Nifty Future:

Resistance around 5317 and crossover of 5327, it will move to 5370 – 5415

Support around 5257 and breaking 5246, it will fall to 5217 – 5180

Stock Future:

Short Bomdyeing around 343 with stop at 352. TGT 327 – 318

Short ICICI Bank below 1011 with Stop at 1022. TGT 992 – 980

Short LT below 1642 with Stop at 1656. TGT 1620 – 1610

Happy Trading

C T Ramesh Raja