Market Outlook for 5th October, 2012

Nifty Future:

Resistance around 5838 and crossover of 5845, it will move to 5887 – 5935

Support around 5785 and breaking 5779, it will fall to 5745 – 5715

Stock Future:

Buy ICICI Bank above 1092 with Stop at 1081. TGT 1115 – 1130

Buy Reliance capital above 453 with Stop at 445. TGT 468 – 478

Cash Market: Delivery trade

Buy Ahmedforge around 142 with Stop at 131. TGT 169 – 193

Happy Trading

C T Ramesh Raja