Market Outlook for 11th January, 2011

Nifty Future:

Resistance around 5810 and above 5817, it will move to 5850 – 5890 – 5925

Support around 5732 and below 5727, it will fall to 5700 – 5680 – 5655 – 5635

Stock Future

Short Aban below 729 with SL at 738. TGT 710 – 700

Short Bhushan Steel below 434 with SL at 441. TGT 405 – 395

Short ICICI Bank below 1011 with SL at 1022. TGT 990 – 975

Short LT below 1789 with SL at 1803. TGT 1760 – 1740

Happy Trading

C T Ramesh Raja