Market Outlook for 19th December, 2014

Nifty Future:

Resistance around 8245 and crossover of 8253, could move to 8290

Support around 8175 and breaking 8167, could fall to 8130 – 8085

Stock Future:

Buy BPCL above 666 with Stop at 657. TGT 680 – 696

Buy Reliance above 891 with Stop at with Stop at 881. TGT 907 – 926

Good Luck & Trade Well

Warning:

There is a high degree of  financial risk in Futures trading..

Securities traded on margin may involve high risk.

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