Tuesday, May 10, 2011

UPDATES FOR MAY 11 2011

MAY 11 WEDNESDAY



NIFTY OUTLOOK


Intra day Res is seen at 5590

Main intra day support at 5502 / 5497


Nifty looks weak if it closes below 5510


Then it could test up to 5440


NIFTY SPOT

SUPPORT 1 5500 , SUPPORT 2 5471


RES 1 5584 , RES 2 5627


NIFTY FUTURE


SUPPORT 1 5507 , SUPPORT 2 5468


RES 1 5595 , RES 2 5644


BANK NIFTY


SUPPORT 1 10944 , SUPPORT 2 10865


RES 1 11109 , RES 2 11196