Market Outlook for 12th September, 2011

Nifty Future:

Breaking 5012, short on pullback around 5044 with Stop at 5053. TGT 4983 – 4931 – 4866

Important Time for Nifty Future:

9.30 to 10 and 12 to 12.30 Bar high and Low

Stock Future:

Short Dr Reddy below 1455 with Stop at 1468. TGT 1434 – 1410

Short Tata Steel below 473 with Stop at 481. TGT 461 – 448

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

Happy Trading

C T Ramesh Raja