Market Outlook for 31st Aug, 2010

Nifty Future:

Resistance around 5455 and crossover of 5465, it will move to 5500 – 5515

Support around 5403 and breaking 5385 it will fall to 5310 – 5240

Stock Future:

Always trade stocks to the Direction of Nifty !!!

Buy Axis Bank around 1320 with SL at 1307. TGT 1355 – 1365

Short Century Textiles around 488 with SL at 503. TGT 455 – 445

Happy Trading

C T Ramesh Raja