Market Outlook for 19th January, 2017

Nifty Future:

Resistance around 8439 and crossover of 8461, could move to 8496 – 8555

Support around 8394 and breaking 8387, could fall to 8336 – 8280

Stock Future:

Dr Reddy:

Resistance around 2980 and crossover of 2995, could move to 3015 – 3050

Support around 2955 and breaking 2950, could fall to 2920 – 2890

Reliance:

Resistance around 1044 and crossover of 1052, could move to 1064 – 1085

Support around 1028 and breaking 1026, could fall to 1008 – 988

Good Luck !!