Market Outlook for 7th January, 2014

Nifty Future:

Resistance around 8160 and crossover of 8168, could move to 8217 – 8275

Support around 8060 and breaking 8053, could fall to 8004 – 7947

Stock Future:

Short Bank Baroda below 1071 with Stop at 1082. TGT 1053 – 1032

Short Canbk below 432 with Stop at 439. TGT 420 – 408

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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