Market Outlook for 17th August, 2010

Nifty Future:

Resistance around 5431 and crossover of 5443, it will move to 5465.

Support around 5376 and breaking 5373 it will fall to 5355 – 5330

Stock Future:

Always trade stocks to the Direction of Nifty !!!

Short BHEL around 2488 with SL at 2510. TGT 2433.

Buy Grasim around 1945 with SL at 1923. TGT 1995 – 2005

Happy Trading

C T Ramesh Raja