Market Outlook for 5th May, 2010

Nifty Future:

Due to meltdown of Global markets,our market

can open on huge gap down and support is near

5005. On upside, it will face resistance closer to

5190.

Stock Future: ( Swing Trading)

Short Hindzinc below 1143 with SL at 1178. TGT 1050 – 1015

Short L & T below 1526 with SL at 1566. TGT 1430 – 1385

Best wishes

Happy Trading

C T Ramesh Raja