Market Outlook for 13th May, 2014

Nifty Future:

Resistance around 7094 and crossover of 7101, will move to 7148 – 7200

Support around 7001 and breaking 6994, will fall to 6948 – 6895

Stock Future:

Buy BPCL around 500 with Stop at 492. TGT 513 – 523

Buy Tata Motors above 444 with Stop at 437. TGT 455 – 465

Good Luck !!