Market Outlook for 9th May, 2012

Nifty Future:

Short around 5025 with Stop at 5048. TGT 4937 – 4904

Stock Future:

Short B Auto around 1516 and add at 1525 with SL at 1534. TGT 1475 – 1460

Short Kotak Bank below 557 and add around 563 with Stop above 565. TGT 540 – 530

Note: If stop is takenout after entry level, Trend Reversal will take place.

Happy Trading

C T Ramesh Raja