Market Outlook for 20th January, 2017

Nifty Future:

Resistance around 8470 and crossover of 8479, could move to 8530 – 8587

Support around 8427 and breaking 8405, could fall to 8370 – 8295

Stock Future:

BPCL:

Resistance around 686 and crossover of 692, could move to 702 – 719

Support around 657 and breaking 651, could fall to 641 – 625

Sun Pharma:

Resistance around 650 and crossover of 656, could move to 666 – 682

Support around 638 and breaking 635, could fall to 621 – 606

Good Luck !!