Market Outlook for 28th May, 2010

Nifty Future:

Resistance at 5025. Crossover of 5030 can move the Index to 5070. Not advisable to be in long above 5030, as it’s a high risk zone for sudden reversal.

Support around 4945 and break of 4940 will lead to 4895 – 4860

Best wishes

Happy Trading

C T Ramesh Raja