Market Outlook for 13th August, 2012

Nifty Future:

Resistance around 5367 and crossover of 5374, it will move to 5425 – 5460

Support around 5332 and breaking 5320, it will fall to 5294 – 5250

Stock Future:

Buy JSW steel above 737 with Stop at 728. TGT 752 – 767

Buy Tata Coffee above 1012 with Stop at 1002. TGT 1030 – 1050

Happy Trading

C T Ramesh Raja