Market Outlook for 6th July, 2011

Nifty Future:

Resistance around 5668 and crossover of 5678, it will move to 5737 – 5760

Support around 5600 and breaking 5582, it will fall to 5505 – 5475

Stock Future:

Buy BPCL above 666 with Stop at 657. TGT 680 – 695

Buy Infy above 2986 with Stop at 2968. TGT 3015 – 3045

Short JSW Steel around 876 with Stop at 888. TGT 862 – 843

Buy Sun pharma above 505 with Stop at 495. TGT 515 – 530

Happy Trading

C T Ramesh Raja