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Monday, May 2, 2011
UPDATES FOR MAY 3 2011
MAY 3 TUESDAY
NIFTY OUTLOOK
RBI Policy Declaration today ,
If RBI increases Rates By 25 Basis points the markets
may not react negatively
If RBI Increases Intrest Rates by 50 basis points
it could be negative .
Nifty Sustains below 5706 prefer not to be long
Main support seen at 5690 / 5650
Res is seen at 5711 / 5752 levels
NIFTY SPOT
SUPPORT 1 5667 , SUPPORT 2 5633
RES 1 5755 , RES 2 5808
NIFTY FUTURE
SUPPORT 1 5684 , SUPPORT 2 5650
RES 1 5771 , RES 2 5824
BANK NIFTY
SUPPORT 1 11146 , SUPPORT 2 11007
RES 1 11506 , RES 2 11727 ,
NIFTY OUTLOOK
RBI Policy Declaration today ,
If RBI increases Rates By 25 Basis points the markets
may not react negatively
If RBI Increases Intrest Rates by 50 basis points
it could be negative .
Nifty Sustains below 5706 prefer not to be long
Main support seen at 5690 / 5650
Res is seen at 5711 / 5752 levels
NIFTY SPOT
SUPPORT 1 5667 , SUPPORT 2 5633
RES 1 5755 , RES 2 5808
NIFTY FUTURE
SUPPORT 1 5684 , SUPPORT 2 5650
RES 1 5771 , RES 2 5824
BANK NIFTY
SUPPORT 1 11146 , SUPPORT 2 11007
RES 1 11506 , RES 2 11727 ,
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