Market Outlook for 10th October, 2011

Nifty Future:

Positional trade for this week:

Buy above 4905, and add around 4870 with Stop at 4835. TGT 5045

Option View for positional trade:

Buy 4900 CE around 100 with Stop at 85. TGT 175 – 200

Stock Future:

Buy Axis Bank around 1015 with Stop at 1005. TGT 1031 – 1047 – 1063

Buy LT above 1405 and add around 1395 with Stop at 1385. TGT 1438 – 1453

Short SBIN around 1757 with Stop at 1768. TGT 1734 – 1718

Good Luck

C T Ramesh Raja