Market Outlook for 26th May, 2010

Nifty Future:

Do bottom fishing near 4730 with Strict SL at 4715.  Below  4715, free fall to 4625.

Resistance around 4845. Crossover of 4860, will push the index to 4925 – 4945

Stock Future:

Short Century Textiles around 432 with SL at 439. TGT 405 – 385

Buy Infosys around 2473 with SL at 2455. TGT 2530 – 2565

Best wishes

Happy Trading

C T Ramesh Raja