Market Outlook for 22nd Ocotber, 2013

Nifty Future:

This week Nifty Future could correct to 6130 and therefore one should be careful while buying at higher levels. Current week resistance will be around 6255 and move beyond 6262, could push further to 6305 and 6355.

For this week, to reinstate the bullishness in stocks like Tata Motors and TechM it should cross 395 and 1600 respectively.. Else it will continue to face pressure.

Trade Well !!