Market Outlook for 12th October, 2010

Nifty Future:

Resistance around 6175 and crossover of 6193, it will move to 6220 – 6240

Support around 6120 and breaking 6115, it will fall to 6090 – 6065 – 6025

Stock Future:

Always trade stocks to the Direction of Nifty !!!

Short HDFC Bank around 2426 with SL at 2439. TGT 2375 – 2365

Buy Reliance around 1068 with SL at 1062. TGT 1085 – 1100

Happy Trading

C T Ramesh Raja