Market Outlook for 11th May, 2012

Nifty Future:

Resistance around 5024 and crossover of 5030, it will move to 5057 – 5090

Support around 4956 and breaking 4951, it will fall to 4901 – 4867

Stock Future:

Short Bajaj Auto below 1508 and add around 1518 with Stop at 1522. TGT 1480 – 1465

Short Rel Capital below 294 and add around 299 with Stop at 300. TGT 282 – 274

Happy Trading

C T Ramesh Raja