Market Outlook for 6th January, 2017

Nifty Future:

Resistance around 8296 and crossover of 8305, could move to 8355 – 8410

Support around 8275 and breaking 8261, could fall to 8225 – 8170

Stock Future:

Buy Dr Reddy around 3138 with Stop at 3121. TGT 3170 – 3205

Short HCLTECH around 856 with Stop at 866. TGT 843 – 825

Good Luck !!