Market Outlook for 2nd May, 2016

Nifty Future:

Resistance around 7885 and crossover of 7901, could move to 7935 – 7990

Support around 7837 and breaking 7830, could fall to 7780 – 7725

Stock Future:

Buy HDFC Bank above 1139 with Stop at 1128. TGT 1158 – 1179

Short Reliance around 1002 with Stop at 1009. TGT 986 – 966

Good Luck !!