Thursday, May 19, 2011

UPDATES FOR MAY 20 2011

MAY 20 FRIDAY


NIFTY OUTLOOK :


Nifty Below 5400 will have a negative bias .

Below 5385 intra day trend is weak .

Intra day Res is seen at 5462 / 5473

Fresh longs are advisable only above 5500.

NIFTY SPOT

SUPPORT 1 5408 , SUPPORT 2 5389

RES 1 5440 , RES 2 5472

NIFTY FUTURE


SUPPORT 1 5408 , SUPPORT 2 5382

RES 1 5455 , RES 2 5477


BANK NIFTY


SUPPORT 1 10484 , SUPPORT 2 10422


RES 1 10634 , RES 2 10722 .