Market Outlook for 26th December, 2016

Nifty Future:

Resistance around 8040 and crossover of 8048, could move to 8097 – 8155

Support around 7941 and breaking 7934, could fall to 7885 – 7830

Stock Future:

Short Axis bank around 445 with Stop at 452. TGT 436 – 423

Short Dr Reddy below 2992 with Stop at 3010. TGT 2962 – 2927

Good Luck !!