Market Outlook for 18th August, 2014

Nifty Future:

Resistance around 7805 and crossover of 7812, will move to 7860 – 7917

Support around 7783 and breaking 7769, will fall to 7718 – 7675

Stock Future:

Buy ACC above 1487 with Stop at 1474. TGT 1507 – 1532

Short TCS around 2520 with Stop at 2533. TGT 2496 – 2465

Good Luck !!