Market Outlook for 7th January, 2011

Nifty Future:

Resistance around 6105 and above 6134, it will move to 6195 – 6215

Support around 6065 and below 6058, it will fall to 6020 – 5985 – 5940

Stock Future

Buy HDFC Bank above 2335 with SL at 2320. TGT 2355 – 2370

Short L&T below 1875 with SL at 1890. TGT 1850 – 1825

C T Ramesh Raja