Market Outlook for 18th January, 2013

Nifty Future:

Resistance around 6082 and crossover of 6088, it will move to 6142

Support around 6054 and breaking 6047, it will fall to 5995 – 5935

Stock Future:

Short ICICI Bank around 1180 with Stop at 1189. TGT 1158 – 1138

Buy JSW Steel above 872 with Stop at 862. TGT 892

Short Rel Infra around 535 with Stop at 541. TGT 523 – 510

Happy Trading

C T Ramesh Raja