Market Outlook for 20th December, 2010

Nifty Future:

Resistance around 5980 and crossover of 5990, it will move to 6020 – 6055 – 6075.

Support around 5932 and breaking 5928, it will drift to 5900 – 5880

Stock Future:

Buy ACC around 1065 with SL at 1054. TGT 1090 – 1105

Buy Ranbaxy around 548 with SL at 541. TGT 565 – 585

Happy Trading

C T Ramesh Raja