Market Outlook for 3rd January, 2011

Nifty Future:

Resistance around 6194 and above 6201, it will move to 6225 – 6250.

Support around 6140 and below 6131, it will fall to 6105 – 6065 – 6045

Stock Future:

Bajaj Auto:

Resistance around 1555 and crossover of 1560, it will move to 1575 – 1590 – 1605

Support around 1520 and breaking 1516, it will fall to 1500 – 1480 – 1465

Bank Baroda:

Resistance around 915 and crossover of 918, it will move to 930 – 940 – 950

Support around 898 and breaking 893, it will fall to 880 – 870 – 860

Infosys:

Resistance around 3485 and crossover of 3490, it will move to 3515 – 3540

Support around 3430 and breaking 3424, it will fall to 3400 – 3375 – 3360

Happy Trading

C T Ramesh Raja