Market Future Update by Nisha Dubey

MARKET FORECASTING FOR 17/07/2015 

Nifty close at 8608.05 on 16/7/2015. Nifty end above 8600 due to FDI norms.

Pivot moving upto 8456.

SHORT-TERM STOCKS:-

1) Buy Axis bank with a TGT-615, SL-582.

2) Buy Reliance Industries with a TGT-1,070, SL-1,015.

3) Buy Hexaware Technologies with a TGT-290, SL-273.

4) Buy Tata Chemicals with a TGT-500, SL-460.

As per technical:-

Weekly pivot is 8466,Above 8511 bulls can target 8600 & 8688. Below 8400 bears can target 8244 & 8155