Nifty Future:
Resistance around 5108. Crossover of 5114 will lead to 5160
Support around 5010. Break of 4990 could plunge the Index to 4890
Stock Future:
Buy Jindal steel around 643 with SL at 639. TGT 665
Buy Mcdowells around 1215 with SL at 1200. TGT 1255 – 1265
Buy National Aluminium around 398 with SL at 390. TGT 410 – 420 – 430
Short Reliance Industries around 1025 with SL at 1034. TGT 1005 – 995 – 985
Best wishes
Happy Trading
C T Ramesh Raja