Market Outlook for 9th September, 2016

Nifty Future:

Yesterday, Nifty Future has done the positive reversal and if it breaks stop of 8933, the much awaited correction could happen with downside support existing at 8825 – 8730.. Until NF closes above 9000 in EOD, further upside levels could be difficult.

Stock Future:

Short ACC around 1707 with Stop at 1720. TGT 1665 – 1640

Short JSW steel below 1858 with Stop at 1873. TGT 1835 – 1810

Good Luck !!