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.

Only 3 trading session & low volume in market increase volatility. This wk Sensex remain flat with -0.33 %
& nifty with -0.30 %. On wednesday due to negative global cues market open with gap down but take
a support near at 5735 level & recover very sharply & manage to close above 5900 level. With very low
FII & DII figure. On friday Qtrly result start with infosys & Infosys number came below as market expectation  & it close below 9 %. with this market loose it  gains. Monthly inflation (march) fig came 8.98 % v/s 8.31 %. RBI ll meet first wk of may & we ll see 25 basis point hike in repo & reverse repo rate.
As last wk stated nifty made a DOJI on wkly chart & this wk nifty needs to be close below last wk
closing level & nifty manage this. Nifty trading range for next wk 5600-5950. Closing above 5950
ll take nifty towards 6100-6250.

Nifty support 5745-5675-5600.
Nifty resistance 5845-5910-5955.  

FII wkly net psnal in cash dn 919.05 Cr.
DII wkly net psnal in cash dn 101.86 Cr.

We saw volatility in crude oil also. It fall from 113 $ to 106 level now closed at 109.45 $.
Gold move towards the 1500-1650-1750 $ level. Good support arnd 1440-1385 $.

Stock to watch for next wk. :
Reliance Sprt 1003-988-970 . Rstnce 1025-1055-1090.
LT Sprt 1695-1645-1590. Rstnce 1745-1795-1835.
BHEL Sprt 2185-2055-1960.  Rstnce 2243-2350-2440.

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).