Market Outlook for 10th June, 2011

“Markets can remain irrational longer than you can remain solvent”. J M  Keynes

Nifty Future:

Resistance around 5554 and crossover of 5559, it will move to 5605 – 5630

Support around 5477 and breaking 5471, it will fall to 5430

Stock Future:

Short Acc around 1016 with Stop at 1026. TGT 1002 – 983

Buy BGR Energy above 504 with Stop at 496. TGT 520

Cash Market:

Buy Aanjaneya above 341 with Stop at 335. TGT 351 – 361

Buy Bajajfinsv above 569 with Stop at 561. TGT 586 – 598

Buy Tata Coffee above 884 with Stop at 874. TGT 905 – 920

Buy VIPIND above 826 with Stop at 816. TGT 841 – 851

Happy Trading

C T Ramesh Raja