Market Outlook for 15th February, 2017

Nifty Future:

Nifty Future Trading in a range between 8730 to 8850.. It will show direction only if this range is broken decisively. It should cross either 8900 or break 8650 for directional move.. Till then, it will be a sideways movement and will be difficult to trade.

Chart_17-02-15_07-37-15

Stock Future:

Auro Pharma:

Resistance around 666 and crossover of 673, could move to 683 – 700

Support around 654 and breaking 652, could fall to 638 – 622

Reliance:

Resistance around 1053 and crossover of 1056, could move to 1073 – 1094

Support around 1037 and breaking 1030, could fall to 1017 – 997

Good Luck !!