Market Outlook for 29th August, 2012

Nifty Future:

Resistance around 5375 and crossover of 5387, it will move to 5427 – 5465

Support around 5340 and breaking 5334, it will fall to 5282 – 5250

Stock Future:

Buy Dr Reddy above 1700 with Stop at 1686. TGT 1735 – 1755

Short ICICI Bank around 935 with Stop at 943. TGT 900 – 885

Happy Trading

C T Ramesh Raja