Market Outlook for 19th May, 2015

Nifty Future:

Resistance around 8386 and crossover of 8408, could move to 8445 – 8500

Support around 8311 and breaking 8304, could fall to 8255 – 8195

Stock Future:

Buy BPCL above 796 with Stop at 786. TGT 810 – 830

Short Canbk below 350 with Stop at 357. TGT 340 – 328

Good Luck !!

Warning:

There is a high degree of  financial risk in Futures trading..

Securities traded on margin may involve high risk.

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