Market Outlook for 16th November, 2011

Nifty Future:

Resistance around 5109 and crossover of 5120, it will move to 5155 – 5185

Support around 5026 and breaking 5021, it will fall to 4970 – 4935

Stock Future:

Short BGR Energy below 277 with Stop at 283. TGT 268 – 260

Short Rel Infra below 415 with Stop at 423. TGT 405 – 395

Happy Trading

C T Ramesh Raja