Market Outlook for 14th June, 2011

There is the plain fool, who does the wrong thing at all times everywhere, but there is the Wall Street fool, who thinks he must trade all the time. No man can always have adequate reasons for buying or selling stocks daily or sufficient knowledge to make his play an intelligent play.  Jesse Livermore

Nifty Future:

Buy above 5498 with Stop at 5473. TGT 5537.

Short around 5537 with Stop at 5556. TGT 5505 – 5465

Stock Future:

Short Aban around 563 with Stop at 569. TGT 550 – 540

Short Bhusanstl below 404 with Stop at 411. TGT 393 – 383

Short Dr Reddy around 1557 with Stop at 1573. TGT 1515

Happy Trading

C T Ramesh Raja