Market Outlook for 20th June, 2011

Nifty Future:

Short around 5405 with Stop at 5426. TGT 5348 – 5320

Stock Future:

Short Axis Bank around 1230 with Stop at 1242. TGT 1210 – 1190

Short BGR Energy below 489 with Stop at 497. TGT 477 – 465

Buy SBI above 2233 with Stop at 2217. TGT 2258 – 2290

Cash Market:

Short Aanjaneya below 350 with Stop at 357. TGT 337 – 327

Buy Lovable above 435 with Stop at 428. TGT 450 – 460

Happy Trading

C T Ramesh Raja