Market Outlook for 21st May, 2010

Nifty Future:

I reiterate 4887 is support level and breaking 4869, will invite huge selling to 4800 – 4785

Resistance around 4965 and crossover of 4972 will take to 5000 – 5020

Stock Future: (For Swing Trade)

Short Tata Motors around 715 with SL at 727. TGT 670 – 655

Best wishes

Happy Trading

C T Ramesh Raja