Market Outlook for 5th June, 2012

Nifty Future:

Resistance around 4876 and crossover of 4882, it will move to 4932 – 4964

Support around 4829 and breaking 4824, it will fall to 4775 – 4742

Stock Future:

Buy Heromotoco above 1834 with Stop at 1820. TGT 1857 – 1884

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

Happy Trading

C T Ramesh Raja