MAY 16 MONDAY


NIFTY OUTLOOK


Nifty has strong support at 5470 . A close below this could see


more downside ,

On the upside Intra day Res is seen at 5584

and 5605


NIFTY SPOT


SUPPORT 1 5476 , SUPPORT 2 5407


RES 1 5609 , RES 2 5673


NIFTY FUTURE


SUPPORT 1 5489 , SUPPORT 2 5398


RES 1 5647 , RES 2 5713


BANK NIFTY


SUPPORT 1 10829 , SUPPORT 2 10626


RES 1 11220 , RES 2 11407 .