Market Outlook for 12th August, 2013

Nifty Future:

Resistance around 5606 and crossover of 5613, will move to 5642 – 5678

Support around 5512 and breaking 5506,  will fall to 5465 – 5420

Stock Future:

Short Hindunilvr around 609 with Stop at 616. TGT 597 – 582

Short Yes bank below 283 with Stop at 289. TGT 274 – 264

Good Luck !!