By Vivek Gupta, CMT , Director Research, CapitalVia Global Research Limited 26 Dec 2014, 05:59 pm
Nifty January Future series given closing at 8269 with the net weekly change of 29.15 points.
Movement of rupee, trend of the global market and investment by FII may affect market movement in near term. Auto mobile stock may remain in focus as most of these companies will declare their sales number in early week.
Nifty Future may remain in range in near term and is likely to continue its northward journey with the crossing of the resistance level of 8375, if it continues to sustain above the support level of 8150.
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