Market Outlook for 2nd November, 2010

Nifty Future:

Resistance around 6155 and crossover of 6160, it will move to 6195 – 6220 – 6240

Support around 6100 and breaking 6096, it will fall to  6070 – 6040 – 6010

Stock Future:

Always trade stocks to the Direction of Nifty !!!

Buy L&T around 2079 with SL at 2073. TGT 2120 – 2140

Short Tata Steel around 605 with SL at 610. TGT 590 – 580

Happy Trading

C T Ramesh Raja