Yesterday Nifty and many stocks have gyrated wildly and moved all over the places, throwing technicals into haywire. This kind of move happens when there is indecisiveness for the direction of market. Therefore, trade cautiously with tight stop. Nifty Future: Resistance around 6190 and above 6210, it will move to 6235 – 6275. Support around … Continue reading Market Outlook for 5th January, 2011