Market Outlook for 29th June, 2011

Nifty Future:

Resistance around 5612 and crossover of 5631, it will move to 5665 – 5690

Support around 5534 and breaking 5524, it will fall to 5500 – 5460

Stock Future:

Buy BHEL above 2008 with Stop at 1993. TGT 2032 – 2058

BUY HDFC above 694 with Stop at 685. TGT 708 – 725

Buy Tata Motors above 992 with Stop at 982. TGT 1009 – 1029

Happy Trading

C T Ramesh Raja