Market Outlook for 2nd March, 2012

Nifty Future:

Resistance around 5430 and crossover of 5436, it will move to 5452 – 5482

Support around 5391 and breaking 5385, it will fall to 5333 – 5298

S&R2.03.2012

Stock Future:

Buy ACC above 1323 and add around 1313 with Stop at 1310.70. TGT 1348 – 1365

Buy Bomdyeing above 474 and add around 468 with Stop at 466.90. TGT 490 – 500

Note: If stop is takenout after Entry, trend reversal may happen.

Good Luck !!

C T Ramesh Raja