Market Outlook for 7th November, 2014

Nifty Future:

Resistance between 8410 to 8416 and crossover of 8429, will move to 8500

Support around 8344 and breaking 8337, will fall to 8300 – 8260

Stock Future:

Buy BPCL around 740 with Stop at 731. TGT 768 – 786

Short JSW Steel below 1235 with Stop at 1247. TGT 1216 – 1195

Good Luck !!