Market Outlook for 7th November, 2012

Nifty Future:

Resistance around 5785 and crossover of 5791, it will move to 5830

Support around 5748 and breaking 5741, it will fall to 5706 – 5675

Stock Future:

Short Acc around 1494 with Stop at 1503. TGT 1463

Buy M& M around 916 with Stop at 906. TGT 931 – 950

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

Happy Trading

C T Ramesh Raja