Market Outlook for 8th November, 2011

Nifty Future:

Resistance around 5327 and closing above 5333 in 30 Minutes Time Frame, it will move to 5385 – 5420

Support around 5276 and closing below 5272 in 30 Minutes Time Frame, it will fall to 5229 – 5190

Stock Future:

Buy Grasim above 2547 with Stop at 2528. TGT 2582 – 2620

Short M&M around 845 with Stop at 853. TGT 832 – 824

Happy Trading

C T Ramesh Raja