Market Outlook for 2nd June, 2011

A speculator must concern himself with making money out of the market and not with insisting that the tape must agree with him.  Never argue with it or ask for reasons or explanations. Jesse Livermore

Nifty Future:

Breaking 5532, short on pullback around 5575 with Stop at yesterday’s close of 5591. TGT 5508 – 5475

Stock Future:

Buy Infosys around 2800 with Stop at 2780. TGT 2860 – 2875

Buy LT around 1665 with Stop 1649. TGT 1715 – 1725

Buy TechM around 695 with Stop at 675. TGT 730 – 745

Happy Trading

C T Ramesh Raja