Market Outlook for 21st August, 2012

Nifty Future:

Resistance around 5409 and crossover of 5421, it will move to 5465 – 5505

Support around 5334 and breaking 5328, it will fall to 5275 – 5240

Stock Future:

Buy B Auto around 1696 with stop at 1686. TGT 1716 – 1742

Buy Infy above 2366 with stop at 2350. TGT 2392 – 2425

Happy Trading

C T Ramesh Raja