ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥


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Pre-Closing Outlook(18-05-2012)

Today gap down and most time negative zone trading was the sentimental impact of Global crashing sentiment but Strong SBI results boosted market mood and market sparked because it showed the strength of Indian Banking Industry.

Nifty got Double Bottom support at 4852 yesterday and closing above it will be seen today. Indian markets are in the grip of Bears and require complete consolidation for decisive up moves.

Firstly sustaining above 4852 and then forceful crossing of next crucial resistances will give decisive up moves confirmations.