TODAY MARKET TRENDS -11-May-2011

11.05.2011 - Market Movements:-

Nifty Fut

       Last day Nifty fut will Close Negative side Close for 10 points 5514 and Sensex will close 18430 levels.And then Nifty Fut will close  5517 levels.The Nifty fut Will close Above 5500 and sensex will close above 18300 levels for the last week.Tommrrow we expected market will open positive trand for 20 to 30 points. Andalso We expect Today Nifty Will trade above 5555 levels the nifty will go  uptrends for 5575 to 5595 levels .Suppose the market will break 5500 levels the market will Come Huge Dowside for 5480 to 5450 levels only.The lastday market will open Positive side and it go to more volatile it will come downside for 30 points mines and market will closing time it will recover and close 10 points negative closing.The nifty will good support levels for 5400 and 5450 and the sensex for 18200 to 18000 levels.Then the Nifty is strong around 5400 levels.

Futures

1. Nifty Fut Buy Abv 5555 SL 5520 Tgt 1 5575  Tgt 2 5790 .

2. Nifty Fut Sell Blw  5520 SL 5555 Tgt 1 5500  Tgt 2 5480 .

Stocks

1. Axis Bank Buy Abv 1225 SL 1215 Tgt 1 1230 Tgt 2 1235.

2. Axis Bank Sell Blw  1215 SL 1225 Tgt 1 1210 Tgt 2 1205.


3. ICICI Bank Buy Abv 1070 SL 1060 Tgt 1 1075 Tgt 2 1080. 

4. ICICI Bank Sell Blw  1060 SL 1070 Tgt 1 1055 Tgt 2 1050.

*****(Traders Plz use Strictly SL.Safe invester's book profit for first target.Nifty Traders evert 15 points book profit.Above said Call Intraday only. Don't take positive to home.If 15 points profit plz book the profit and SL hit exit the Call.)*******

       

                        .....ALL ARE Subject To Market Risk....