Market Outlook for 20th May, 2016

Nifty Future:

Resistance around 7828 and crossover of 7835, could move to 7865 – 7910

Support around 7740 and breaking 7733, could fall to 7685 – 7630

Stock Future:

Short Reliance below 949 with Stop at 960. TGT 932 – 915

Short Tata Motors around 388 with Stop at 394. TGT 379 – 367

Good Luck !!