Market Outlook for 5th July, 2010

Nifty Future:

Breaking 5228, short on pullback at 5240 with SL at 5252. TGT 5205 – 5175 – 5140

After breaking 5228, if it crosses 5252, then buy on retracement at 5240 with SL at 5215. TGT 5280 – 5315

Stock Future:

Short Educomp around 527 with SL at 531. TGT 515 – 505

Short Jindal steel around 622 with SL at 626. TGT 606 – 596

Happy Trading

C T Ramesh Raja