Market Outlook for 18th October, 2013

Nifty Future:

Resistance around 6107 and crossover of 6120, will move to 6165 – 6210

Support around 6033 and breaking 6020, will fall to 5975 – 5930

Stock Future:

Buy Axis Bank around 1086 with Stop at 1083. TGT 1105 – 1123

Short JSW Steel around 801 with Stop at 806. TGT 785 – 772

Good Luck !!