Market Outlook for 14th December, 2011

Nifty Future:

Resistance around 4853 and crossover of 4868, it will move to 4930 – 4985

Support at 4785 and breaking 4779, it will fall to 4730 – 4665

Stock Future:

Buy INFY  around 2720 with Stop at 2713. TGT 2767 – 2792

PNB breaking 866, short on pullback around 873 with Stop at 876. TGT 845 – 830

Note: If stop is takenout after Entry, trend reversal may happen.

Happy Trading

C T Ramesh Raja