Market Outlook for 26th August, 2013

Nifty Future:

Resistance around 5465 and crossover of 5471, will move to 5523 – 5558

Support around 5383 and breaking 5377, will fall to 5325 – 5290

Stock Future:

Short Axis Bank around 995 with Stop at 1000. TGT 972 – 957

Buy M&M around 810 with Stop at 800.75. TGT 828 – 840

Good Luck !!