Market Outlook for 19th October, 2012

Nifty Future:

Resistance around 5738 and crossover of 5745, it will move to 5798 – 5835

Support around 5708 and breaking 5696, it will fall to 5655 – 5600

Stock Future:

Buy ICICI Bank above 1078 with Stop at 1067. TGT 1103 – 1120

Buy M&M around 841 with Stop at 831. TGT 860 – 882

Happy Trading

C T Ramesh Raja