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STOCK MARKET CALLS | NIFTY OUTLOOK | ANALYSIS 8TH MAY 2012

STOCK MARKET CALLS | NIFTY OUTLOOK | ANALYSIS 8TH MAY 2012

NIFTY OUTLOOK FOR 8TH MAY 2012

NIFTY SPOT LEVEL

TREND - BEARISH

 

 

 

SUPPORT 1 5030
SUPPORT 2 4940
RESISTANCE 1 5170
RESISTANCE 2 5215

BANK NIFTY FUTURES

TREND- BEARISH

 

 

 

SUPPORT 1 9610
SUPPORT 2 9330
RESISTANCE 1 10050
RESISTANCE 2 10190

 

EXPERT VIEW

Nifty range of 4950-5000: Udayan Mukherjee

CNBC - TV managing editor Udayan Mukherjee -18According to Google the next few days will be in the range of 4950-5000. Will remain a key support level of 5,000 on the Nifty. While this market is expected to start.

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