Market Outlook for 24th August, 2010

Nifty Future:

Resistance around 5546 and crossover of 5556, it will move to 5585 – 5620

Support around 5525 and breaking 5515 it will fall to 5465 – 5450

Stock Future:

Always trade stocks to the Direction of Nifty !!!

Buy JSW Steel above 1166 with SL at 1154. TGT 1190 – 1205 – 1235

Buy SBI around 2807 with SL at 2800. TGT 2840 – 2855

Happy Trading

C T Ramesh Raja