Market Outlook for 27th January, 2011

Trading Levels for Nifty Future:

Breakdown 5688 / Stop 5713 / TGT 5635 – 5600 – 5545

Stock Future:

Auro Pharma:

Breakdown 1242 / Stop 1254 / TGT 1218 – 1200

Educomp:

Breakout 525 / Stop 517 / TGT 540 – 550

Grasim:

Breakdown 2367 / Stop 2383 / TGT 2330 – 2310

Hero Honda:

Breakout 1786 / Stop 1771 / TGT 1815 – 1835 – 1865

Note:

Breaking  BO / BD level, it can bounce to midpoint between BO / BD and STOP. If stop is takenout after entry level, then trend change will take place.

Happy Trading

C T Ramesh Raja