Market Outlook for 5th May, 2014

Nifty Future:

For this week resistance is around 6788 and support could come around 6665 and emphatic move beyond these levels will trigger a strong move in that direction.

As regards this month, it can pullback to around 6820 level and crossover of  6890, could trigger a big move beyond 7150.

Stock Future:

Lupin could outperform in this settlement and could move towards 1085 – 1150

Good Luck !!