Market Outlook for 27th March, 2012

Market could face selling pressure at higher levels as Banking stocks are looking weak. Trade carefully in long trades with tight Stops in place.

Nifty Future:

Resistance around 5255 and crossover of 5261, it will move to 5295 – 5325

Support around 5156 and breaking 5146, it will fall to 5217 – 5095

Good Luck !!

C T Ramesh Raja