Market Outlook for 16th September, 2010

Nifty Future:

Resistance around 5868 and crossover of 5875, it will move to 5907 – 5930 – 5960

Support around 5816 and breaking 5811, it will fall to 5785 – 5740 – 5725

Stock Future:

Always trade stocks to the Direction of Nifty !!!

Mphasis:

Resistance around 673 and crossover of 675, it will move to 687 – 693

Support around 660 and breaking 654, it will fall to 644 – 630

Reliance Industries:

Resistance around 1016 and crossover of 1019, it will move to 1035 – 1055

Support around 1001 and breaking 993, it will fall to 981 – 963

Happy Trading

C T Ramesh Raja