Nifty Future:

Resistance around 5465 and crossover of 5475, it will move to  5505 – 5525 – 5555

Support around 5428 and breaking 5417 it will fall to 5395 – 5365.

Closing below 5434 in 30 minutes TF, Bulls will have problem to charge market on upside.

Stock Future:

Always trade stocks to the Direction of Nifty !!!

Buy Axis Bank around 1308 with SL at 1299. TGT 1325 – 1335. If breaks 1299, stock will face severe selling pressure.

Buy HDFC around 3055 with SL at 3035. TGT 3090 – 3110 – 3130. When it crosses 3068, trail the SL to 3047.

Short LIC Housing around 1196 with SL at 1205. TGT 1175 – 1165.

C T Ramesh Raja