Market Outlook for 20th August, 2010

Nifty Future:

Resistance around 5570 and crossover of 5576, it will move to 5600 – 5625

Support around 5488 and breaking 5481 it will fall to 5455 – 5435

Stock Future:

Always trade stocks to the Direction of Nifty !!!

Buy HDFC above 639 with SL at 630. TGT 655 – 665

Buy Orient Bank around 428 with SL at 423. TGT 445 – 455

Happy Trading

C T Ramesh Raja