Market Outlook for 24th May, 2016

Nifty Future:

Resistance around 7808 and crossover of 7822, could move to 7855 – 7910

Support around 7729 and breaking 7722, could fall to 7673 – 7620

Stock Future:

Short Hind Petro below 827 with Stop at 837. TGT 811 – 793

Short Tata Steel below 314 with Stop at 320. TGT 304 – 294

Good Luck !!