Market Outlook for 22nd December, 2010

Nifty Future:

Crossing 6025, buy on retracement around 6005 with SL at 5984. TGT 6050 – 6075 – 6085

Breaking 5984, short on pullback around 6005, with SL at 6025. TGT 5960 – 5930 – 5920

Stock Future:

Buy Axis Bank around 1310 with SL at 1302. TGT 1340 – 1350

Buy Bhushan Steel around 462 with SL at 457. TGT 485 – 490

Happy Trading

C T Ramesh Raja