Market Outlook for 17th May, 2013

Nifty Future:

Resistance around 6207 and crossover of 6214, it will move to 6257 – 6300

Support around 6155 and breaking 6130, it will fall to 6090 – 6060

Stock Future:

Buy Mcdowell above 2348 with Stop at 2320. TGT 2415 – 2435

Short Raymond around 318 with Stop at 323.40. TGT 305 – 295

Happy Trading !!

C T RAMESH RAJA