Ths wk market remain flat. Sensex gain only 0.16 % & nifty gain 0.27 %. Nifty find resistance arnd 5950.
Wkly inflation fig dsnt show any change. High crude oil price remain concern for our market.
Last wk nifty fut trade in low volume. 7th april nifty fut record lowest volume in this year. Open Interst
also remain low in ths wk. Nifty made a DOJI pattern in wkly chart. It is a reversal sign but we need confirmation in nxt wk trading range & from volume also. Nxt wk we have only 3 trading session so its interesting to see how market behave. Nifty trading range for nxt wk 5700-5950. if nifty sstn blw 570 thn we ll see some more dwnside.  

Nifty spot 7 DEMA 5842.19.
Nifty spot 20 DEMA 5711.45.
 
FII wkly net psnal in cash up 2461.71 Cr.
DII wkly net psnal in cash dn 1789.92 Cr.

Crude oil trading at 113.17 $.

Gold trade near high 1474.60 $.
Silver trade near high 40.95 $.

The rally continue this wk also. Sensex gain 3.21 % & Nifty gain 3.04 %.
Asian mkt recover & FII tremends buying kept our mkt at higher level. 5855 became restnce for nifty spot
& 5885 in nifty future. After 5 trading days nifty manage to close slight blw bollinger upper band.

Nifty sprt 5810-5760-5740-5660.
Nifty rstnce 5855-5890-5950.

Nifty 7 DEMA 5726.41.
Nifty 20 DEMA 5599.14. 

FII wkly net psnal in cash up 6661.03 Cr.
DII wkly net psnal in cash up 3505.51 Cr.

Crude oil trading abv 108 $. If it ll remain on higher side thn we ll see some profit booking in
banking & real estate stocks. Inflation wkly fig came blw 10 % but higher crude oil price ll be concern.

Gold ( cmp 1428.20 $.) sstn abv 1440 $ thn we ll see some more upside.

Stock to watch for nxt wk.I

Reliance Sprt 1030-1015-1000. Rstnce 1055-1075-1095.
LT Sprt 1640-1625-1590. Rstnce 1675-1695-1725.
BHEL Sprt 2100-2070-2040.  Rstnce 2185-2230-2290.
Tata Motors Sprt 1220-1186-1130. Rstnce 1250-1285-1320.
SBIN Sprt 2705-2690-2640. Rstnce 2770-2840-2890.
Tata Steel Sprt 617-610-603. Rstnce 630-660-685.
Idfc sprt 155-150-143. Rstnce 166-175-185.

What a weekend for market. Nifty jump frm 5348.20 to 5667.10 & finly manage to close abv 5600 lvl.
abv 200 DEMA. Sensex & Nifty both record more than 5% gain. Banking, IT & almost all sector shown
good movement. Now on daily chart Nifty shown on over bought & it alost close abv upper lvl of Bolling band.  Its very interesting to see how nifty ll behave.

FII wkly net psnal in cash up 2205.37 Cr.
DII wkly net psnal in cash up 1320.05 Cr.

Nifty 200 DEMA 5584.45.

NIfty sprt 5620-5580-5500.
Nifty rstnce 5700-5750-5800.

Crude Oil trading at 105.52$. Few years ago when Crude oil price was rising thn many countires decided
to use Nuclear power plant. One report stated tht aronund 15 % of world's  electricity is generated from nuclear power plant.Some countries had allready depended more on this energy. But after earthquake & stunami hit japan & we all know wht happen with japan nuclear power plant there some explostn & some rediation out from nuclear plant that was the worry for rest of the world. There speculation is some countires ll prefer Oil than nuclear power after this incident. If this ll happen thn we ll see more rise is crude oil may be it ll breck its previous high but keep in mind tht this ll long term process the rise ll not happen in short term period. 

Stock to watch for next wk :

Reliance Sprt 1009-990-970. Rstnce 1035-1055-1085.
LT Sprt 1580-1555-1530 Rstnce 1625-1670-1725.
BHEL Sprt 2050-2000-1970.  Rstnce 2145-2190-2265 .
Tata Motors Sprt 1165-1130-1070. Rstnce 1195-1230-1280 .
SBIN Sprt 2665-2620-2590.Rstnce 2720-2770-2820.
Tata Steel Sprt 610-603-590. Rstnce 618-630-645.

Mkt this wk

This wk mkt remain very volatile betwn 5600-5350. Monday we saw good upmove but once again mkt
resist at higher lvl arnd 5550-5600 level & 5400 on lower lvl. friday mkt manage to close blw 5400 (5373.70) lvl.
Monthly inflation fig rise (feb.) 8.31 % v/s (Jan.) 8.23 % (expctd blw 8 %) after tht it was expected tht RBI ll increase repo & reverce repo rate.On 17th RBI raise it by 25 basis point. Repo rate (Repo rate is the rate at which banks borrow from RBI) 6.75 % from 6.50% & Reverce repo rate (Reverse repo is the rate at which bank deposit the surplus money with RBI ) 5.75 & from 5.50 %. CRR remain unchange at 6 %. RBI declare tht march end inflation fig ll be arnd 8 %. higher than thr previous expctn arnd 7 %. We ll see more rate hike in this year. Higher price in crude oil & higher inflation become problem for RBI.
Volatility seen in Crude Oil also it fall from 105 $ to 96-97 $. Yestrday news came tht UNSC (United nations Security Council) Declare Libiya "NO FLYING ZONE" after tht Crude again go up & manage to close abv 101 $. (cmp 101.62 $.). Last night news came tht 'Libiya said it is ceasing military action & will start talks with rebels.'

FII wkly net psnal in cash dn 1224.01 Cr.
DII wkly net psnal in cash up 1629.84 Cr.

Nifty 200 DEMA 5589.37.
Nifty  50 DEMA 5554.19.

Nifty Sprt 5250-5300-5350.
Nifty Rstnce 5400-5435-5520-5555.

Stock to watch for nxt wk :

Reliance Sprt 985-970-950-930  Rstnce 1009-1030-1055-1090.
LT Sprt 1510-1470-1460 Rstnce 1550-1570-1610.
BHEL Sprt 1900-1850-1800 Rstnce 1970-2010-2070.
(more dwnside ll be seen if Bhel close blw 1900.).
Tata Motors Sprt 1110-1080-1040 Rstnce 1150-1170-1195-1240.
SBIN Sprt 2550-2500-2450 Rstnce 2670-2720-2770-2810.
Tata Steel Sprt 595-580-575 Rstnce 605-615-630.
(200 DEMA 603.09).

We saw good after budget rally but once again nifty unable to breck & sstn abv 5600 level.
Nifty made low of 5404 & high 5563 both in  intraday only. unable to close blw 5400 &
unable to close abv 5600. Mkt ll remain range bound. Mkt remain highly stock specific only.
Profit booking take place at higher level. The follow up buying or Selling was not seen in mkt. & volume also not
much supportive. After breching 5400/5200 or 5600 ll decide the next direction.

After middle east tension , earth quack & tsunami in japan drag the market down.
But this may not be the end of story.
As per CNN report we ll see some more unrest in middle east.
http://edition.cnn.com/2011/WORLD/africa/03/08/middle.east.africa.unrest/index.html

Monetary policy ll be declare on 17th. May be rate ll remain unchange.

FII wkly net positional dn 64.77 Cr.
DII wkly net positional up 239.32 Cr.

Nifty 200 DEMA 5595.91.
Nifty  50 DEMA 5575.05.

Nifty Suprt 5400-5300-5200
Nifty Rstce 5500-5550-5590-5610.

Stock to watch for next wk

Reliance  Suprt 970-950-930  Rstnce 995-1009-1030.
LT suprt 1530-1500 1460 Rstnce 1600-1630-1680-1700.
BHEL Suprt 1960-1900-1820 Rstnce 2070-2180-2360.
TATA MOTORS Suprt 1120-1070-1030 Rstnce 1175-1210-1260. 
(Tata Motors close blw 1030 thn more dwnside ll be seen.)
TATA STEEL  Suprt 570-550-500 Rstnce 630-660-680.
SBIN Suprt 2550-2500-2380 Rstnce 2660-2720-2800.