Market Outlook for 18th June, 2012

Nifty Future:

Resistance around 5177 and crossover of 5195, it will move to 5215 – 5255

Support around 5115 and breaking 5103, it will fall to 5075 – 5050

Stock Future:

Buy ICICI Bank above 853 with Stop at 843. TGT 869 – 887

Buy McDowell around 679 with Stop at 674. TGT 697 – 714

Happy Trading

C T Ramesh Raja