Market Outlook for 5th August, 2016

Nifty Future:

Resistance around 8629 and crossover of 8637, could move to 8688 – 8747

Support around 8573 and breaking 8566, could fall to 8515 – 8460

Stock Future:

Short M&M around 1453 with Stop at 1458. TGT 1420

Buy Rel Infra around 580 with Stop at 574. TGT 594 – 604

Good Luck !!