Market Outlook for 9th March, 2012

Nifty Future:

Resistance around 5314 and crossover of 5337, it will move to 5365 – 5420

Support around 5281 and breaking 5276, it will fall to 5225 – 5190

Stock Future:

Bank Baroda breaking 795, short on retracement around 802 with Stop at 804. TGT 775 – 765

Buy Infy above 2916 and add around 2902 with Stop at 2898. TGT 2955 – 2980

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

Happy Trading

C T Ramesh Raja