Market Outlook for 21st November, 2011

Nifty Future:

Resistance around 4938 and crossover of 4956, it will move to 4985 – 5000

Support around 4888 and breaking 4877, it will fall to 4830 – 4775

Stock Future:

ACC:

Resistance at 1169 and crossover of 1172, it will move to 1196 – 1212

Support at 1130 and breaking 1128, it will fall to 1105 – 1090

Axis Bank:

Resistance at 980 and crossover of 983, it will move to 1005 – 1020

Support around 947 and breaking 943, it will fall to 920 – 905

Happy Trading

C T Ramesh Raja