Market Outlook for 18th January, 2011

Nifty Future:

Resistance around 5694 and above 5705, it will move to 5745 – 5775

Support around 5635 and below 5628, it will fall to 5585 – 5550

Stock Future

DR REDDY:

Support 1639 / Breakdown 1635 / Breakdown SL 1649 / Breakdown TGT 1615 – 1605

Resistance 1665 / Breakout 1685 / Breakout SL 1675 / Breakout TGT 1715 – 1730

Happy Trading

C T Ramesh Raja