Market Outlook for 7th January, 2014

Nifty Future:

Resistance around 6230 and crossover of 6250, will move to 6280 – 6318

Support around 6169 and breaking 6163, will fall to 6120 – 6070

Stock Future:

Buy ICICI Bank above 1046 with Stop at  1035. TGT 1064 – 1084

Buy Reliance capital around 356 with Stop at 352. TGT 366

Good Luck !!