Market Outlook for 5th November, 2012

Nifty Future:

Resistance around 5750 and crossover of 5757, it will move to 5800 – 5847

Support around 5718 and breaking 5712, it will fall to 5670

Stock Future:

Buy Heromotoco above 1955 with Stop at 1940. TGT 1976 – 1996

Buy SBI above 2172 with Stop at 2156. TGT 2197 – 2227

Note: If stop is takenout after entry level, Trend Reversal will take place.

Happy Trading

C T Ramesh Raja