Market Outlook for 23rd August, 2010

Nifty Future:

Resistance around 5559 and crossover of 5569, it will move to 5605 – 5620

Support around 5510 and breaking 5507 it will fall to 5485 – 5465

Stock Future:

Always trade stocks to the Direction of Nifty !!!

Buy DLF above 332 with SL at 326. TGT 340 – 345

Buy Hindpetro around 505 with SL at 499. TGT 525 – 535

Happy Trading

C T Ramesh Raja