Market Outlook for 24th December, 2010

Nifty Future:

Resistance around 5999 and crossover of 6012, it will move to 6085 – 6095

Support around 5956 and breaking 5950, it will fall to 5925 – 5900

Stock Future:

Short Educomp around 519 with SL at 525. TGT 500.

Buy Orient Bank around 411 with SL at 408. TGT 425. Above 428, it could move to 440.

Happy Trading

C T Ramesh Raja