Market Outlook for 28th January, 2014

Nifty Future:

Nifty has turned weak but at the same time got sold off very sharply in two sessions.  One has to wait and trade on pullbacks and today’s range might encompass between 6175 and 6080.

Stock Future:

Banking Stocks are looking very weak particularly Can bank , Bank India and Kotak. Reliance Industries and Reliance capital  will continue to drift.

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