Market Outlook for 13th September, 2011

Nifty Future:

Resistance around 4977 and crossover of 4986, it will move to 5014 – 5055

Support around 4899 and breaking 4893, it will fall to 4855 – 4825

Important Time for Nifty Future:

9.30 to 10 and 12.30 to 1 Bar High and Low

Stock Future:

Short Bank India around 321 with Stop at 326. TGT 313 – 301

Short ICICI Bank below 857 with Stop at 867. TGT 841 – 825

Happy Trading

C T Ramesh Raja