Market Outlook for 11th June, 2012

Nifty Future:

Resistance around 5153 and crossover of 5183, it will move to 5235

Support around 5055 and breaking 5044, it will fall to 5010 – 4982

Stock Future:

Buy Maruti above 1132 with Stop at 1121. TGT 1156 – 1172

Buy Sesa Goa above 187.50 with Stop at 183.15. TGT 197 – 204

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

Happy Trading

C T Ramesh Raja