Market Outlook for 9th August, 2012

Nifty Future:

Resistance around 5378 and crossover of 5396, it will move to 5425 – 5470

Support around 5332 and breaking 5326, it will fall to 5297 – 5265

Stock Future:

Short Axis bank around 1107 with Stop at 1115. TGT 1090 – 1075

Buy Bajaj Auto around 1674 with Stop at 1655. TGT 1720

Happy Trading

C T Ramesh Raja