Market Outlook for 16th May, 2018

Nifty Future:

Resistance around 10883 and crossover of 10892, could move to 10940 – 10980

Support around 10801 and breaking 10776, could fall to 10735 – 10670

Stock Future:

Axis Bank:

Resistance around 558 and crossover of 564, could move to 573 – 588

Support around 547 and breaking 545, could fall to 532 – 517

Ibulhsgfin:

Resistance around 1218 and crossover of 1228, could move to 1241 – 1263

Support around 1202 and breaking 1199, could fall to 1180 – 1158

Good Luck !!