Market Outlook for 12th August, 2016

Nifty Future:

Resistance around 8633 and crossover of 8642, could move to 8692 – 8750

Support around 8574 and breaking 8566, could fall to 8515 – 8455

Chart_16-08-12_08-16-03

Stock Future:

Century textiles took support twice around 677. As long as it doesn’t close below this in 30M interval, could move to 700.

Hindunilvr Chart below self explanatory:

Chart_16-08-12_08-13-06

Trade Well !!