Market Outlook for 17th December, 2012

Nifty Future:

Resistance around 5946 and crossover of 5959, it will move to 6000 – 6050

Support around 5873 and breaking 5861, it will fall to 5820 – 5775

Stock Future:

Buy Axis Bank around 1350 with Stop 1339. TGT 1372 – 1382

Short Reliance Capital around 476 with Stop at 483. TGT 462 – 452

Happy Trading

C T Ramesh Raja