Market Outlook for 4th June, 2010

Nifty Future:

Support at 5080. Breaking 5066, Index will fall to 5030 – 4985 – 4945

Resistance around 5108. Crossover of 5120, could generate a high momentum on upside to 5190 – 5225

Stock Future:

Buy LIC housing around 955 with SL at 950. TGT 985. Above 995, it could move to 1030 – 1050

Buy SBI around 2260 with SL at 2254. TGT 2295 – 2325

Trade like a Pro !!!

C T Ramesh Raja