Market Outlook for 25th January, 2012

Nifty Future:

Resistance around 5141 and crossover of 5153, it will move to 5192 – 5238

Support around 5073 and breaking 5062, it will fall to 5022 – 4980

Market Profile :

Stock Future:

Buy JSWSTEEL above 663 and add around 656 with Stop at 654. TGT 685 – 695

Buy M & M above 692 and add around 685 with Stop at 683. TGT 711 – 723

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

Trade Well !!

C T Ramesh Raja