Market Outlook for 29th January, 2015

Nifty Future:

Resistance around 8942 and crossover of 8950, could move to 9002 – 9062

Support around 8905 and breaking 8898, could fall to 8845 – 8785

Stock Future:

Buy BPCL above 703 with Stop at 693. TGT 717 – 734

Short Centurytex around 564 with Stop at 570. TGT 552 – 537

Good Luck !!

Warning:

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

Securities traded on margin may involve high risk.

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