Market Outlook for 15th July, 2010

Nifty Future:

Support around 5363. Breaking 5354, market might go for a huge sell off to 5200 to 5150

Resistance around 5445 and crossover of 5455, it will move to 5500 – 5540

Stock Future:

Always trade stocks to the Direction of Nifty !!!

If market sentiment is bad, then BEL / Grasim / Hind Zinc / ONGC will face severe selling pressure.

Happy Trading

C T Ramesh Raja