Market Outlook for 3rd October, 2012

Nifty Future could encounter stiff resistance around 5785 and in the event of strong buying happening above this, it could even move to higher levels.

Incase of profit booking happening, it can drift to 5600 in next few days.

Stock Future:

Infy could moveup in anticipation of quarterly numbers to be announced during second week of this month.

If market sentiment is good, then Reliance capital can outperform and so also Yes Bank.

Join my chat room for proper entry, stop and Target levels for Index and stock trading..

Best Wishes

C T RAMESH RAJA