Market Outlook for 18th June, 2010

Nifty Future:

Support around 5250. Breaking 5240, it could drift to 5210 – 5180

Resistance around 5345. Crossover of 5357 it can move to 5380.

Stock Future:

Buy HDFC Bank around 1990 with SL at 1983. TGT 2030

Buy Reliance Industries around 1070 with SL at 1060. TGT 1105 – 1120

Trade like a Pro !!!

Happy Trading

C T Ramesh Raja