Market Outlook for 11th May, 2011

Nifty Future:

Resistance around 5570 and crossover of 5588, it will move to 5620 – 5655 – 5690

Support around 5535 and breaking 5529, it will fall to 5495 – 5455 – 5420

Stock Future:

Buy Aban around 610 with Stop at 603. TGT 622 – 632

Short Acc around 994 with Stop with  Stop at 1005. TGT 978 – 950

Short BGR Energy around 491 with Stop at 496. TGT 465 – 455

Short LT around 1561 with Stop at 1572. TGT 1540 – 1520

Happy Trading

C T Ramesh Raja