Market Outlook for 27th August, 2010

Nifty Future:

Resistance around 5484 and crossover of 5494, it will move to 5520 – 5550 – 5575

Support around 5433 and breaking 5430 it will fall to 5405 – 5385

Stock Future:

Short Aban around 797 with SL at 809. TGT 770 – 760

Buy HDFC Bank around 2168 with SL at 2159. TGT 2205 – 2225 – 2240

Happy Trading

C T Ramesh Raja