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11TH MAY SENSEX & BANK NIFTY OUTLOOK

Source : http://www.moneyvistas.in/   
Here is 10th May sectoral chart of nifty
What a day which killed all most all bears.All sectors were up very well except Healthcare which down 0.5%
Today high 17360 has important significance.Tomorrow if we can close above this level it's Bullish.0n 11th May we may open 100 points gap up.

Upside resistance for tomorrow at 17400,17490 and 17620
Downside supports at 17270 and 17190

Bank nifty upside resistance at 9740 and 9840
Downside supports between 9570 to 9630
Out of 12 Bank nifty stocks only 4 stocks looking weak.

***10th May stock picks performance
Icici bank - Asked to buy above 876.60,But it opened at 888.60 and still given 4.5% return above 888.60
Polaris software - Sell not initiated as asked to sell below 176.10 but 10th May low is 176.80 


Cheers & Best to your trading



Disclosure: no positions