Market Outlook for 21st, April, 2010

Nifty Future:

Buy around 5220 with SL at 5207. TGT 5255 – 5278.

Break above 5283, can take to 5305 and 5330.

Short below 5207 with SL at 5227. TGT 5175 – 5145.

Stock Future:

Infosys Strong  support around 2717. Breaking 2704, could fall to 2675 – 2655

Buy LIC housing around 876 with SL at 872. TGT 895 – 900

Buy Rel Infra around 1113 with SL at 1108. TGT 1140 – 1155

Best wishes

Happy Trading

C T Ramesh Raja