Wednesday, May 18, 2011

UPDATES FOR MAY 19 2011

MAY 19 THURSDAY


NIFTY OUTLOOK


Nifty Below 5400 looks weak and will have a negative bias ,


Intra day Support seen at 5385


Intra day Res is seen at 5460 / 5491


Nifty will have positive bias only if it closed above


5500


NIFTY SPOT

SUPPORT 1 5394 , SUPPORT 2 5368


RES 1 5453 , SUPPORT 2 5486


NIFTY FUTURE


SUPPORT 1 5395 , SUPPORRT 2 5363


RES 1 5461 , RES 2 5496


BANK NIFTY


SUPPORT 1 10526 , SUPPORT 2 10455


RES 1 10675 , RES 2 10753