Market Outlook for 7th May,2013

Nifty Future:

Resistance around 5987 and Crossover of 5991, will move to 6034 – 6082

Support around 5931 and breaking 5919, it will fall to 5875 – 5830

Stock Future:

Buy Centurytex around 295 with Stop at 291.75. TGT 307 – 317

Buy Tata Steel above 326 with Stop at 320. TGT 336 – 346

Happy Trading !!

C T RAMESH RAJA