Market Outlook for 16th September, 2011

Nifty Future:

Resistance around 5128 and crossover of 5140, it will move to 5190 – 5225

Support around 5037 and breaking 5026, it will fall to 4965 – 4910

Important Time for Nifty Future:

10 to 10.30 Bar High and Low

Stock Future:

Buy Bhusanstl above 347 with Stop at 341. TGT 357 – 369

Buy Rel Infra above 463 with Stop at 455. TGT 475 – 490

Happy Trading

C T Ramesh Raja