Market Outlook for 14th June, 2012

Nifty Future:

Resistance around 5152 and crossover of 5161, it will move to 5198 – 5245

Support around 5104 and breaking 5090, it will fall to 5048 – 5020

Stock Future:

Buy Bajaj Auto above 1580 with Stop at 1565. TGT 1605 – 1625

Buy Reliance capital above 351 with Stop at 344. TGT 364 – 374

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

Happy Trading

C T Ramesh Raja