Last monday market open with high note but once again 5900 will act as a strong resistance level & on higher side market lose its momentum & close blw 5750 level. This wk Sensex dn 2.29 % & Nifty dn 2.13 %. Next wk is very important in market in term of indication & level. RBI will meet on 3rd may. & Nifty trading near its important support level if nifty breck 5640-5600 level with volume thn we ll see more dwnside. On other hand if this level sustain thn 5900-5950 ll act as a mjr restnce level only abv this level we ll move towards new high.  

Nifty support 5700-5660-5600.
Nifty Resistance 5820-5865-5930.

FII wkly net psnal dn 3165.96 Cr.
DII wkly net psnal up 1169.25 Cr.

Crude trading near year high level 11386 $. As last wk stated close above 115 $ level will take Crude oil
120-123-125 levels.

Gold strongly moving at higher level cmp 1563.43 $. Very soon we ll see 1600 $ - 1650 $ level. Good suprt arnd 1495 $ - 1465 $.

Stock to watch for next wk. :
RELIANCE Sprt 960-930-890. Rstnce 996-1012-1024.
LT Sprt 1560-1500-1480. Rstnce 1630-1665-1695.
SBN sprt 2785-2720-2690. Rstnce 2850-2885-2930.
BHEL Sprt 1975-1935-1900. Rstnce 2047-2090-2130.
(Bhel 3-4 cnstv close blw 1900 level will show more dwnside.)
INFOSYS Sprt 2880-2820-2760. Rstnce 2945-2965-3021. 
TATA STEEL Sprt 607-600-585. Rstnce 620-635-665.

Sensex & Nifty gains 1 % this week. Monday nifty breck 7 DEMA & 20 DEMA but there after it sustain
close above these both levels. Nifty spot will face resistance around 5950-5975 If it will close above this
level then we will see 6100-6200. This wk wkly inflation again rise. RBI will meet on 3rd may for qtry review we expected atleast 25 basis point hike in repo rate & reverse repo rate. Market remain highly volatile in next wk due to expiry & RBI meet. High volatility will be seen in banking & Real estate sectors.

Nifty Support 5820-5760-5660-5580.
Nifty Resistance 5950-6030-6090-6150.

FII wkly net psnal in cash up 1212.42 Cr.
DII wkly net psnal in cash up 576.92 Cr.

Crude shows good strength around 105 $ -106 $. Close above 115 $ level will take Crude oil 120-123-125 level.& below 104 $ level 100-98-96 are good support. 
        
Gold moving towards 1600 $-1700 $ level. 

Stock to Watch for next wk :

Reliance Sprt 1012-996-980-960. Restnce 1057-1090-1125.
LT Sprt 1695-1660-1600. Rstnce 1725-45-1770-1810.
SBIN Sprt 2800-2760-2690. Rstnce 2880-2940-2990.
Bhel Sprt 2000-1960-1900. Rstnce 2130-2145-2195.
(Bhel 3-4 cnstv close blw 1900 level will show more dwnside.)
Infosys Sprt 2881-2840-2800. Rstnce 2940-2990-3040.