Market Outlook for 18th July, 2011

Nifty Future:

For today’s trading, buying needs to be protected with stop at 5546. On upperside it can move to 5623 and above 5640, expect it to move further to 5665

Stock Future:

Hero Honda:

Could resist around 1845. On downside, it can fall to 1800

Maruti:

Last Friday, in final hour stock was pushedup. Above 1176, stock could move to 1196

Happy Trading

C T Ramesh Raja