Market Outlook for 13th July, 2011

Nifty Future:

Resistance around 5566 and crossover of 5578, it will move to 5599 – 5625

Support around 5514 and breaking 5508, it will fall to 5485 – 5460

Stock Future:

Short BHEL around 1961 with Stop at 1974. TGT 1900 – 1875

Short Centrurytex below 345 with Stop at 352. TGT 335 – 325

Short Tata Steel around 582 with Stop at 589. TGT 571 – 556

Happy Trading

C T Ramesh Raja