Market Outlook for 17th January, 2013

Nifty Future:

Resistance around 6038 and crossover of 6057, it will move to 6080 – 6140

Support around 5993 and breaking 5987, it will fall to 5930 – 5895

Stock Future:

Short LT around 1560 with Stop at 1570. TGT 1525 – 1500

Short JSW Steel around 847 with Stop at 854. TGT 828 – 808

Happy Trading

C T Ramesh Raja