Market Outlook for 31st August, 2012

Nifty Future:

Resistance around 5337 and crossover of 5343, it will move to 5383 – 5430

Support around 5300 and breaking 5288, it will fall to 5237 – 5203

Stock Future:

Buy JSW Steel above 703 with Stop at 694.70. TGT 718 – 735

Short Maruti below 1138 with Stop at 1149. TGT 1120 – 1100

Happy Trading

C T Ramesh Raja