Market Outlook - 14th March 2012

Market will have a Gap up opening and expected to touch 5549. Global markets are trading high with good news from US about bank stress test success. Formation of golden cross will attract long term investors to start investing. You can start trading in long calls. Try to catch Nifty 5600 calls below 80. you can see it around 120 by budget. writing 5400 PE is also advisable.