Monday, May 9, 2011

UPDATES FOR MAY 10 2011

MAY 10 TUESDAY


Nifty Outlook

Nifty has intra day Res at 5883 and then at 5604


Main Intraday support seen at 5525 to 5495


If Nifty closes below 5510 then there could be further


downside up to 5410


NIFTY SPOT


SUPPORT 1 5506 , SUPPORT 2 5462


RES 1 5590 , RES 2 5630


NIFTY FUTURE


SUPPORT 1 5512 , SUPPORT 2 5466


RES 1 5595 , RES 2 5631


BANK NIFTY


SUPPORT 1 10942 , SUPPORT 2 10801


RES 1 11232 , RES 2 11381