Market Outlook for 4th May, 2012

Nifty Future:

Resistance around 5217 and crossover of 5234, it will move to 5263 – 5310

Support around 5183 and breaking 5177, it will fall to 5138 – 5105

Stock Future:

Short JSW Steel below 679 and add around 686 with Stop at 689. TGT 660 – 650

Short LT below 1206 and add around 1214 with Stop at 1217. TGT 1180 – 1165

Happy Trading

C T Ramesh Raja