Market Outlook for 15th June, 2012

Nifty Future:

Resistance around 5097 and crossover of 5109, it will move to 5136 – 5170

Support around 5035 and breaking 5025, it will fall to 4975 – 4940

Stock Future:

Short Jet Airways around 369 with Stop at 372. TGT 352 – 343

Short SBI around 2188 with Stop at 2196. TGT 2148 – 2126

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

Happy Trading

C T Ramesh Raja