Market Outlook for 22nd June, 2012

Nifty Future:

Resistance around 5150 and crossover of 5156, it will move to 5207 – 5240

Support around 5101 and breaking 5090, it will fall to 5040 – 5005

Stock Future:

Buy JSW Steel above 662 with Stop at 653. TGT 675 – 692

Buy Reliance capital around 336 with Stop at 333. TGT 345 – 355

Happy Trading

C T Ramesh Raja