Market Outlook for 30th December, 2010

Nifty Future:

Resistance around 6098 and crossover of 6111, it will move to 6135 – 6150 – 6170

Support around 6055 and breaking 6045, it will fall to 6015 – 5975

Stock Future:

Infosys:

Resistance around 3420 and crossover of 3425, it will move to 3450 – 3465

Support around 3390 and breaking 3378, it will fall to 3355 – 3330

L&T:

Resistance around 1978 and Crossover of 1986, it will move to 2000 – 2020

Support around 1945 and and breaking 1939, it will fall to 1920

Happy Trading

C T Ramesh Raja