Market Outlook for 18th January, 2016

Nifty Future:

Resistance around 7492 and crossover of 7520, could move to 7550 – 7560

Support around 7335 and breaking 7319, could fall to 7285 – 7230

Stock Future:

Short HDFC around 1157 with Stop at 1168. TGT 1143 – 1122

Short Tata Motors below 341 with Stop at 348. TGT 331 – 319

Good Luck !!