Market Outlook for 5th January, 2012

Nifty Future:

Resistance around 4771 and crossover of 4788, it will  move to 4833 – 4868

Support around 4738 and breaking 4721, it will fall to 4685 – 4650

Stock Future:

Buy Axis Bank above 848 and add around 840 with Stop at 838. TGT 868 – 882

Buy Reliance around 716 with Stop at 709, TGT 733 – 745

Happy Trading

C T Ramesh Raja