Market Outlook for 10th May, 2011

Nifty Future:

Resistance around 5568 and crossover of 5575, it will move to 5592 – 5626 – 5662

Support around 5526 and breaking 5515, it will fall to 5485 – 5425 – 5390

Stock Future:

Buy Infosys above 2896 with Stop at 2878. TGT 2925 – 2940

Short Rel Infra below 596 with Stop at 605. TGT 583 – 570

Short SBI below 2611 with Stop at 2628. TGT 2565 – 2545

Happy Trading

C T Ramesh Raja