Market Outlook for 2nd August, 2016

Nifty Future:

Resistance around 8689 and crossover of 8697, could move to 8750 – 8805

Support around 8637 and breaking 8630, could fall to 8580 – 8520

Stock Future:

Short M&M around 1488 with Stop at 1498. TGT 1470 – 1450

Buy Tata Steel above 370 with Stop at 363. TGT 380 – 392

Good Luck !!