Market Outlook for 23rd December, 2010

Nifty Future:

Resistance around 6018 and 6030. Crossover of 6043, it will move to 6080 – 6105

Support around 5968 and breaking 5956, it will fall to 5930 – 5910

Stock Future:

Buy Aban above 750 with SL at 741. TGT 760 – 770

Short Rel Infra below 796 with SL at 805. TGT 780 – 765

Note: If stop is takenout, then Trend Reversal may take place.

Happy Trading

C T Ramesh Raja