Market Outlook for 16th August, 2016

Nifty Future:

Resistance around 8689 and crossover of 8697, could move to 8748 – 8810

Support around 8634 and breaking 8627, could fall to 8576 – 8520

Chart_16-08-16_07-27-37

Stock Future:

Buy HDFC on pullback around 1379 with Stop at 1367. TGT 1400 – 1425

Short Infy below 1060 with Stop at 1071. TGT 1042 – 1020

Good Luck !!