Market Outlook for 16th May, 2019

Nifty Future:

Resistance around 11238 and crossover of 11247, could move to 11280 – 11338

Support around 11145 and breaking 11128, could fall to 11087 – 11020

Stock Future:

Axis bank:

Resistance around 733 and crossover of 740, could move to 750 – 767

Support around 720 and breaking 718, could fall to 703 – 686

Mcx:

Resistance around 825 and crossover of 832, could move to 843 – 862

Support around 811 and breaking 809, could fall to 793 – 775

Good Luck !!