Market Outlook for 16th January, 2013

Nifty Future:

Resistance around 6123 and crossover of 6142, it will move to 6160

Support around 6057 and breaking 6038, it will fall to 5990

Stock Future:

Buy ICICI Bank above 1209 with Stop at 1197. TGT 1228 – 1244

Short Jubl Food around 1254 with Stop at 1263. TGT 1230 – 1215

Happy Trading

C T Ramesh Raja