Market Outlook for 15th September, 2016

Nifty Future:

For Day trading in Nifty Future, the two dominant Levels are 8710 which will act as Support and 8792 as Resistance on upside.

If manages to cross 8800, then it could move to 8830.. and if breaks 8696, could drift towards 8660 – 8600.

Stock Future:

HDFC :

As long as 1382 is defended, it could move to 1408 – 1432.. If support level of 1382 is broken, then selling could push the stock to next support levels of 1367 – 1344

Tata Steel:

The Stock could take support around 370 and move to resistance levels of 378 – 390. If breaks 362.60, selling could take to downside support levels of 357 – 345

Good Luck !!