Market Outlook for 27th February, 2012

Nifty Future:

Resistance around 5539 and crossover of 5557, it will move to 5623 – 5660

Support around 5482 and breaking 5476, it will fall to 5424 – 5390

S&R27.02.2012

Stock Future:

Short B Auto below 1768 and add around 1779 with Stop at 1782. TGT 1738 – 1718

Buy Infy above 2984 and add around 2970 with Stop at 2966. TGT 3025 – 3050

Maruti crossing 1314, Buy on pullback around 1305 with Stop at 1302. TGT 1340 – 1358

Note: If stop is takenout after Entry, trend reversal may happen.

Happy Trading

C T Ramesh Raja