Market Outlook for 16th November, 2012

Nifty Future:

Resistance around 5674 and crossover of 5680, it will move to 5722

Support around 5625 and breaking 5614, it will fall to 5560 – 5525

Stock Future:

Buy Axis Bank above 1246 with Stop at 1234. TGT 1266 – 1288

Short SUNTV around 379 with Stop at 384. TGT 366 – 355

Happy Trading

C T Ramesh Raja