Market Outlook for 24th May, 2011

Nifty Future:

Short around 5420 with Stop at 5440. TGT 5380 – 5335 – 5320

Buy around 5320 with Stop at 5300. TGT 5340 – 5380

Stock Future:

Short Bank Baroda below 807 with Stop at 817. TGT 790 – 775

Short Bhusanstl below 436 with Stop at 443. TGT 425 – 415

Short HDFC Bank below 2252 with Stop at 2267. TGT 2225 – 2190

Short Tata Motors below 1131 with Stop at 1143. TGT 1110 – 1095

Happy Trading

C T Ramesh Raja