THIS WK MARKET OPEN WITH NEGATIVE NEWS OF HIKE IN FUEL PRICE. HIGH FUEL PRICE MEANS HIGH INFLATION. IN COMING DAYS WE WILL SEE SOME RATE HIKE IN DIESEL ALSO. THIS WK ALSO MARKET TRADE WITH LOW VOLUME & LOW OPEN INTEREST. ON WKLY BASIS SENSEX LOOSE -1.11 % & NIFTY LOOSE -1.05 %. LOW PARTICIPATION WAS SEEN FROM  RETAIL INVESTORS & FROM FII & DII ALSO. FII WKLY NET POSITIONAL IN CASH DWN 1038.53 CR. & DII WKLY NET POSITIONAL IN CASH ALSO DWN 8.89 CR. SBIN RESULT MAKE HIGE IMPACT ON MARKET SBI LOOSE MORE THAN 10 % & OTHER SIDE L&T RESULT GIVE IT SOME POSITIVE MOVEMENT. NIFTY SO FAR TAKE A GOOD SUPPORT AROUND 5405-5400 LEVEL. FRIDAY BOUNCE HELP NIFTY TO CLOSE ABOVE 7 DEMA BUT NIFTY FACE MAJOR HURDLE AROUND 20 DEMA @ 5562 &
200 DEMA 5615. AS ABOVE MENTION THERE VERY LOW VOLUME IN MARKET SO WE HARDLY EXPECT ANY MAJOR MOVE. IN  NEXT WK NIFTY WILL TRADE IN THE RANGE OF 5600-5400.     

NIFTY FUTURE SUPPORT 5445-5405-5370.
NIFTY FUTURE RESISTANCE 5522-5565-5622.

STOCK TO WATCH FOR NEXT WK:

RELIANCE SPRT 915-900-885. RSTNCE 935-945-962.
SBIN SPRT 2310-2253-2210. RSTNCE 2365-2395-2438.
LT SPRT 1610-1555-1530. RSTNCE 1665-1695-1715.
IDFC SPRT 134-132-129. RSTNCE 139-144-148.
TATA STEEL SPRT 577-572-568. RSTNCE 584-591-602.