Market Outlook for 25th August, 2011

Nifty Future:

Resistance around 4940 and crossover of 4958, it will move to 4985 – 5030

Support around 4862 and breaking 4845, it will fall to 4790 – 4775

Important Time for Nifty Future:

10.30 to 11  Bar high and Low

Stock Future:

Short Canbk below 420 with Stop at 428. TGT 409 – 399

Short Infy below 2228 with Stop at 2244. TGT 2202 – 2175

MCX – Commodities

Crude: (Sept)

Buy above 3952 with SLR at 3931. TGT 3996 – 4026

Gold – (OCT):

Short below 26202 with SLR at 26255. TGT 26087 – 25885 – 25680

SilverM:

Short below 59750 with SLR at 59996. TGT 59202 – 58232 – 57870

Happy Trading

C T Ramesh Raja