Market Outlook for 15th May, 2013

Nifty Future:

Resistance around 6051 and crossover of 6064, it will move to 6107 – 6156

Support around 5996 and breaking 5980, it will fall to 5922.

Stock Future:

Buy Axis Bank around 1459 with Stop at 1447. TGT 1477 – 1500

Short Reliance around 808 with Stop at 816. TGT 795 – 777

Happy Trading !!

C T RAMESH RAJA