Market Outlook for 14th May, 2010

Nifty Future:

Buy around 5153 with SL at 5135. TGT 5210. Above 5225, it could move to 5260 – 5280

Short around 5210 with SL at 5225. TGT 5155. Breaking 5135, it could fall to 5095 – 5060

Stock Future:

Short Aban around 1040 with SL at 1055. TGT 975.

Short Infosys around 2710 with SL at 2720. TGT 2675 – 2645

Buy SBI around 2294 with SL at 2276. TGT 2335 – 2350 – 2370

Best wishes

Happy Trading

C T Ramesh Raja