Market Outlook for 6th January, 2012

Nifty Future:

Resistance around 4785 and crossover of 4800, it will  move to 4850 – 4895

Support around 4726 and breaking 4711, it will fall to 4665 – 4635

Stock Future:

Short INFY below 2853 with Stop at 2871. TGT 2825 – 2795

Short reliance below 707 with Stop at 717. TGT 693 – 676

Happy Trading

C T Ramesh Raja