Market Outlook for 22nd August, 2016

Nifty Future:

Resistance around 8717 and crossover of 8725, could move to 8775 – 8835

Support around 8624 and breaking 8617, could fall to 8565 – 8505

Stock Future:

Buy Hind Petro above 1247 with Stop at 1235. TGT 1265 – 1290

Buy Yes bank around 1325 with Stop at 1313. TGT 1340 – 1360

Good Luck !!