Market Outlook for 15th December, 2011

Nifty Future:

Resistance around 4797 and crossing 4802, it will move to 4830 – 4845

Support around 4710 and breaking 4703, it will fall to 4663 – 4615

Stock Future:

Short Bank Baroda below 700 with Stop at 709. TGT 680 – 670

Maruti breaking 929, short on pullback around 937 with Stop at 939. TGT 907 – 893

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

Happy Trading

C T Ramesh Raja