Market Outlook for 30th April, 2010

Nifty Future:

Resistance around 5272. Crossover of 5280, it can move with momentum to 5325 – 5355

Support around 5240 and breaking yesterday’s low of 5225, it can drift to 5205 – 5170 – 5120

Stock Future:

Buy ICICI Bank above 947 with SL at 937. TGT 967 – 977 – 987

Buy Jindal steel at 745 with SL at 737. TGT 758 – 768

Buy PNB around 1030 with SL at 1021. TGT 1045 – 1055

Best wishes

Happy Trading

C T Ramesh Raja