Market Outlook for 19th December, 2012

Nifty Future:

Resistance around 5948 and crossover of 5955, it will move to 5985 – 6015

Support around 5899 and breaking 5881, it will fall to 5840 – 5820

Stock Future:

Short Reliance around 840 with Stop and reverse at 850. TGT 822.

Buy Tata Motors around 297 with Stop below 292.70. TGT 309 – 316

Happy Trading

C T Ramesh Raja