Market Outlook for 6th January, 2015

Nifty Future:

Resistance around 8437 and crossover of 8442, will move to 8475 – 8525

Support around 8350 and breaking 8342, will fall to 8301 – 8245

Stock Future:

Short M&M below 1230 with Stop at 1242. TGT 1211 – 1190

Buy Tata Motors above 527 with Stop at 519. TGT 540 – 553

Warning:

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

Securities traded on margin may involve high risk.

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