Market Outlook for 4th May, 2011

Nifty Future:

Buy around 5507 with Stop at 5490. TGT 5545 – 5600 – 5620

Short below 5560 and add around 5574. Stop 5585. TGT 5525 – 5507

Stock Future:

Short ACC below 1073 with Stop at 1085. TGT 1055 – 1040

Short BGR Energy below 522 with Stop at 531. TGT 505 – 495

Short Centurytex below 343 with Stop at 350. TGT 325 – 320

Short ICICI Bank below 1075 with Stop at 1087. TGT 1050 – 1035 – 1010

Happy Trading

C T Ramesh Raja