Market Outlook for 18th October, 2012

Nifty Future:

Resistance around 5730 and crossover of 5736, it will move to 5790

Support around 5647 and breaking 5640, it will fall to 5585 – 5550

Stock Future:

Buy Bank Baroda above 770 with Stop at 763. TGT 797

Buy Mcdowell around 1278 with Stop at 1269. TGT 1320 – 1345

Happy Trading

C T Ramesh Raja