Market Outlook for 11th July, 2011

Nifty Future:

Resistance around 5714 and crossover of 5727, it will move to 5744 – 5800

Support around 5647 and breaking 5640, it will fall to 5617 – 5578

Stock Future:

Short Acc below 964 with Stop at 975. TGT 947 – 930

Short Bhusanstl below 439 with Stop at 446. TGT 427 –  415

Short Tata Motors around 1044 with Stop at 1053. TGT 1028 – 1008

Happy Trading

C T Ramesh Raja