Market Outlook for 24th May, 2012

Nifty Future:

Short below 4817 and add around 4835 with Stop at 4840. TGT 4735 – 4680

Stock Future:

Short ICICI Bank below 770 with Stop at 779. TGT 750 – 737

Buy Infy around 2300 with Stop at 2281. TGT 2345 – 2360

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

Happy Trading

C T Ramesh Raja