Market Outlook for 6th January, 2015

Nifty Future:

Resistance around 7866 and crossover of 7874, could move to 7922 – 7978

Support around 7768 and breaking 7761, could fall to 7712 – 7657

Stock Future:

Short LT around 1264 with Stop at 1276. TGT 1250 – 1228

Buy Reliance Capital around 462 with Stop at 455. TGT 484 – 498

Good Luck !!