Market Outlook for 19th June, 2012

Nifty Future:

Resistance around 5135 and crossover of 5141, it will move to 5170 – 5205

Support around 5034 and breaking 5028, it will fall to 4988 – 4944

Stock Future:

Short ACC around 1228 with Stop at 1238. TGT 1206 – 1185

Short LT below 1315 with Stop at 1327. TGT 1295 – 1272

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

Happy Trading

C T Ramesh Raja