Market Outlook for 7th August, 2013

Nifty Future:

Resistance around 5592 and crossover of 5616,  will move to 5646 – 5680

Support around 5509 and breaking 5498, will fall to 5457 – 5410

Stock Future:

Short Axis bank below 1079 with Stop at 1090. TGT 1050 – 1030

Short Bank Baroda below 492  with Stop at 500. TGT 480 – 466

Good Luck !!