Nifty Future:

Good IIP data  released after market hours, should cheer the market.. If market movesup then it could go to 7780 and on downside support exist at 7575.

Stock Future:

Buy Axis Bank above 1914 with Stop at 1900.. TGT 1938 – 1966

Buy Reliance above 1096 with Stop at 1085.. TGT 1113 – 1135

Good Luck !!