Market Outlook for 1st August, 2012

Nifty Future:

Resistance around 5284 and crossover of 5302, it will move to 5330 – 5350

Support around 5208 and breaking 5195, it will fall to 5160 – 5135

Stock Future:

Buy ACC above 1319 with Stop at 1307. TGT 1339 – 1355

Buy Reliance above 744 with stop at 735. TGT 760 – 770

Happy Trading

C T Ramesh Raja