Market Outlook for 8th November, 2012

Nifty Future:

Resistance around 5815 and crossover of 5822, it will move to 5860

Support around 5748 and breaking 5729, it will fall to 5675 – 5635

Stock Future:

Buy PNB above 787 with Stop at 778. TGT 803 – 821

Note: If stop is takenout after entry level, Trend Reversal will take place.

Happy Trading

C T Ramesh Raja