Market Outlook for 12th May, 2016

Nifty Future:

Resistance around 7890 and crossover of 7899, could move to 7948 – 8005

Support around 7793 and breaking 7786, could fall to 7737 – 7682

Stock Future:

Buy LT around 1321 with Stop at 1309. TGT 1340 – 1365

Buy M & M above 1362 with Stop at 1349. TGT 1385 – 1405

Good Luck !!