Market Outlook for 14th October, 2011

Nifty Future:

Short around 5096 with Stop at 5116. TGT 5039 – 5000

If stop of 5116 is takenout …

BUY at 5116 and add around 5095 with Stop at 5075. TGT 5155 – 5200

Stock Future:

Short LT around 1429 with Stop at 1438 on closing in 30 Minutes time frame. TGT 1403 – 1382

Short Reliance capital around 351 with Stop at 357 TGT 332 – 322

Short SBIN around 1905 with Stop at 1907 on closing in 30 Minutes time frame. TGT 1875 – 1860 – 1830

Happy Trading

C T Ramesh Raja