Market Outlook for 7th June, 2011

Nifty Future:

Resistance around 5530 and crossover of 5535, it will move to 5565 – 5585

Support around 5488 and breaking 5476, it will fall to 5447 – 5400

Stock Future:

Buy LT above 1740 with Stop at 1726. TGT 1765  – 1775

Buy Reliance around 937 with Stop at 930. TGT 952 – 972

Happy Trading

C T Ramesh Raja