Market Outlook for 27th December, 2016

Nifty Future:

Resistance around 7972 and crossover of 7980, could move to 8030 – 8085

Support around 7874 and breaking 7867, could fall to 7818 – 7762

Stock Future:

Buy HDFC around 1217 with Stop at 1206. TGT 1231 – 1253

Short Reliance around 1058 with Stop above 1069. TGT 1045 – 1025

Good Luck !!