Market Outlook for 9th September, 2011

Nifty Future:

Buy above 5153 with Stop at 5130. TGT 5192 – 5225

Short below 5078 with Stop at 5104. TGT 5030 – 4995

Important Time for Nifty Future:

9.15 to 9.30 and 1.30 to 2 Bar High and Low

Stock Future:

Buy Infy above 2339 with Stop at 2323. TGT 2366 – 2396

Buy Rel Infra above 483 with Stop at 475. TGT 494 – 509

Buy Tata Motors above 790 with Stop at 780. TGT 805 – 825

Note: If stop is takenout after entry, Trend Reversal will take place.

Happy Trading

C T Ramesh Raja