Market Outlook for 14th June, 2010

Nifty Future:

Resistance around 5150. Crossover of 5160, could moveup on momentum to 5205 – 5225

Support around 5099. Breaking 5092, it will fall to 5070 – 5025 – 5010

Stock Future:

1. ICICI Bank:

Resistance around 855 and crossover of 859 it could move to 880 – 895

Support around 830 and breaking 828, it could fall to 815 – 805

2. LIC Housing:

Resistance around 985. Crossover of 991 will blast to 1020 – 1045.

Support around 955. Breaking 950, will fall to 935 – 930

3. Siemens:

Resistance around 738 and crossover of 743 will lead to 755 – 760.

Support around 715 and breaking 711, could drift to 700 – 695

Trade like a Pro !!!

Happy Trading

C T Ramesh Raja