Market Outlook for 14th September, 2016

Nifty Future:

Nifty Future will continue to be on pressure and any pullback from oversold zone could fizzleout between 8800 – 8820.. Only a move above 8850, could push the index to 8950..

Downside visible support exist around 8725 and breaking 8640, could lead to further selling towards 8125.

Stock Future:

ACC continue to be weak and going forward,could move to next support levels of 1540 and 1465.

M&M has turned weak and could pullback to 1460 and then drift towards  support levels of 1410 – 1340

Good Luck !!