MARKET OUTLOOK 06-01-2010

NIFTY EXPECTING A HIGH VOLATILE SESSION TODAY , NIFTY WILL TRADE IN THE RANGE OF 5212-5324 LEVELS, NIFTY HAVE STRONG INTRADAY SUPPORT IN 5218 -5220 LEVELS, AND MINOR RESISTANCE IN 5290 LEVELS, MAJOR RESISTANCE IN 5352-5355 LEVEL

YESTERDAY NIFTY OPENED IN A STRONG UP TRENT AND CLOSED WITH .08% GAIN IN 5278 , METAL,MIDCAPS LEAD THE RALLY.

INTRADY PICKS

BUY AXIS BANK@1012 SL 1002 TGT 1028

BUY CESC@425 SL 412 TGT 445

BUY BOMDYEING@423 SL 418 TGT 432

ECEINDIA@220 SL 213 TGT 232

F&O SCANNER

BUY FINANCIALTECH FUT@1472 SL 1458 TGT 1510

BUY PUNJLLOYD FUT@214 SL 209 TGT 222-223

BUY SHORTTEM INVESTERS

HINDOOROLIVER@180 SL 158 TGT 250