Market Outlook for 28th June, 2011

Nifty Future:

Resistance around 5569 and crossover of 5589, it will move to 5612 – 5645

Support around 5517 and breaking 5505, it will fall to 5480 – 5435

Stock Future:

Buy HDFC Bank above 2425 with Stop at 2409. TGT 2452 – 2480

Buy Reliance capital above 555 with Stop at 547. TGT 568 – 582

Buy Tata Motors above 978 with Stop at 967. TGT 995 – 1010

Happy Trading

C T Ramesh Raja