Market Outlook for 27th July, 2010

Nifty Future:

Today high and low of 12.30 pm to 1.00 pm very crucial for trade :

Resistance around 5452 and crossover of 5464, it will move to 5499 – 5530 – 5555

Support around 5417 and breaking 5411 it will fall to 5385 – 5360

Stock Future:

Always trade stocks to the Direction of Nifty !!!

Short Aban around 846 with SL at 852. TGT 832 – 822 – 812

Short HDFC around 2988 with SL at 2996. TGT 2960 – 2940

Short Tata Motors around 834 with SL at 840. TGT 808 – 799

Happy Trading

C T Ramesh Raja