Market Outlook for 13th March, 2015

Nifty Future:

Resistance around 8835 and crossover of 8843, could move to 8895 – 8955

Support around 8730 and breaking 8724, could fall to 8675 – 8615

Stock Future:

Auro Pharma :

Last one hour trading of yesterday in the stock witnessed good volume with price rise.. However, Short term indicator has gone into overbought territory.. Stock can  pullback around 1140, and should not break 1127.

Cash Market:

Granules:

Good volume was done in the last one hour trading of yesterday and as long as this stock defends the support around 795, it could advance further.

Good Luck !!

Warning:

There is a high degree of  financial risk in Futures trading..

Securities traded on margin may involve high risk.

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