Market Outlook for 26th August, 2011

Nifty Future:

Resistance around 4897 and crossover of 4914, it will move to 4942 – 4986

Support around 4864 and breaking 4858, it will fall to 4820 – 4790

Important Time for Nifty Future:

11.30 to 12 Bar high and Low

Stock Future:

Buy ACC above 1024 with Stop at 1013. TGT 1041 – 1057

Short HDFC below 630 with Stop at 639. TGT 616 – 600

Happy Trading

C T Ramesh Raja