Market Outlook for 28th May, 2012

Nifty Future:

Resistance around 4917 and crossover of 4923, it will move to 4973 – 5006

Support around 4840 and breaking 4834, it will fall to 4785 – 4752

Stock Future:

Buy LT above 1188 with Stop at 1176. TGT 1217 – 1235

Short Maruti below 1125 with Stop at 1136. TGT 1101 – 1085

Note: If stop is takenout after entry level, Trend Reversal will take place.

Happy Trading

C T Ramesh Raja