Market Commentary for 16 June 15

As expected Nifty trying to put some gains on board. However there is not force to it. We have resistance intact at 8090-8152. Support at 7940.
Nifty may attempt to reach to 8090, 8150 levels today. However the global pressure may not allow it to do that so easily.

I would prefer SUNPHARMA on long side today.
It seems ALBK, ABIRLANUVO are moving down.