Market Outlook for 8th July, 2011

Nifty Future:

Resistance around 5785 and crossover of 5792, it will move to 5835 – 5865

Support around 5703 and breaking 5691, it will fall to 5655 – 5625

Stock Future:

Buy BPCL above 669 with Stop at 660. TGT 683 – 700

Buy HDFC Bank above 2582 with Stop at 2566. TGT 2610

Buy Infy around 2993 with Stop at 2975. TGT 3023 – 3055

Happy Trading

C T Ramesh Raja