Market Outlook for 16th May, 2013

Nifty Future:

Resistance around 6176 and crossover of 6189, it will move to 6275 – 6310

Support around 6137 and breaking 6121, it will fall to 6060 – 6025

Stock Future:

Short Bata India around 815 with Stop at 825.50. TGT 795 – 785

Buy Maruti around 1740 with Stop at 1730. TGT 1785

Happy Trading !!

C T RAMESH RAJA