Market Outlook for 18th May, 2016

Nifty Future:

Resistance around 7950 and crossover of 7957, could move to 8005 – 8060

Support around 7896 and breaking 7889, could fall to 7840 – 7785

Stock Future:

Buy Hinunilvr around 829 with Stop at 820. TGT 843 – 852

Buy M&M around 1334 with Stop at 1331. TGT 1357 – 1374

Good Luck !!