Market Outlook for 18th September, 2012

Nifty Future:

Close above 5900 in 30MTF can only trigger upmove to 5975 – 6035 .. Else will continue to face selling pressure and can drift to 5780 – 5625

Stock Future:

Dr Reddy has cleared Inside Bar high in EOD. The stock can move to level of 2345

Hind Lever looks like bouncing to 645 level as stock movedup in  last hours of  yesterday.

Good Luck !!