Market Outlook for 20th October, 2016

Nifty Future:

Resistance around 8723 and crossover of 8731, could move to 8782 – 8840

Support around 8620 and breaking 8613, could fall to 8560 – 8505

Stock Future:

Buy Dr Reddy around 3070 with Stop at 3054. TGT 3096 – 3130

Short Reliance around 1090 with Stop at 1097. TGT 1073 – 1050

Good Luck !!