Market Outlook for 12th May, 2010

Nifty Future:

Buy around 5085 with SL at 5065. TGT 5135 – 5175

Short around 5172 with SL at 5192. TGT 5135 – 5100 – 5085

Stock Future:

Short Bhushan Steel around 1628 with SL at 1638. TGT 1585 – 1570 – 1555

Buy ICICI Bank around 905 with SL at 896.90 TGT 930 – 945

Short Siemens around 690 with SL at 701. TGT 665.

Best wishes

Happy Trading

C T Ramesh Raja