Market Outlook for 26th September, 2011

Today, market may be very Volatile in its move and Stops could be takenout very frequently.. Trade with caution.

Nifty Future:

Resistance around 4922 and crossover of 4928, it will move to 4966 – 5010

Support around 4844 and breaking 4838, it will fall to 4800 – 4760

Stock Future:

Short ICICI Bank below 842 with Stop at 853. TGT 826 – 808

Short LT below 1442 with Stop at 1455. TGT 1420 – 1400

Buy Maruti above 1084 with Stop at 1073. TGT 1102 – 1123

Happy Trading

C T Ramesh Raja