Nifty Future:

Resistance around 5536 and crossover of 5550, it will move to 5600 – 5635 – 5670

Support around 5456 and breaking 5445, it will fall to 5400 – 5365

Stock Future:

Bhushan Steel:

BUY above 418 with Stop at 411. TGT 430 – 442

Dr Reddy:

BUY above 1546 with Stop at 1533. TGT 1575 – 1595

Educomp:

BUY above 518 with Stop at 507. TGT 540 – 560

Note: If stop is takenout, Trend Reversal will take place.

Happy Trading

C T Ramesh Raja