Market Outlook for 20th January, 2015

Nifty Future:

Resistance around 8608 and crossover of 8616, will move to 8666 – 8725

Support around 8539 and breaking 8532, will fall to 8481 – 8423

Stock Future:

Short BPCL around 657 with Stop at 664,. TGT 645 – 629

Buy ICICI Bank around 356 with Stop at 351. TGT 377 – 389

Good Luck !!

Warning:

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

Securities traded on margin may involve high risk.

Disclaimer:

The information provided herein  is not to be construed as offer to buy or sell securities of any kind.

The author and breakouttechnical.com do not assume any responsibility or liability resulting from use.