Market Outlook for 13th February, 2012

Nifty Future:

Resistance around 5412 and crossover of 5419, it will move to 5470 – 5500

Support around 5337 and breaking 5325, it will fall to 5275 – 5240

Stock Future:

Kotak Bank crossing 552, Buy on pullback around 546 with Stop at 544.65. TGT 568 – 580

Short Mcdowell around 688 with Stop at 690.25. TGT 663 – 650

Note: If stop is takenout after Entry, trend reversal may happen.

Good Luck !!

C T Ramesh Raja