Market Outlook for 17th December, 2014

Nifty Future:

Resistance around 8138 and crossover of 8153, will move to 8215 – 8242

Support around 8018 and breaking 8002, will fall to 7940 – 7855

Stock Future:

Buy BPCL around 643 with Stop at 632. TGT 669

Short LT below 1489 with Stop at 1502. TGT 1468 – 1443

Good Luck !!

Warning:

There is a high degree of  financial risk in Futures trading..

Securities traded on margin may involve high risk.

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