BANK NIFTY FUTURES LEVELS : 31 MAY

Bank  Nifty Index Lost 10702  . It is looking Consolidate in upcoming  trading session. If it copes to Support level 10610 ,then market would be upward trend and if it breaks this level then would go down by 105 points that is , 10505 and if its does not sustain to this level then would decline by 110  points more.

If  Bank Nifty manages below this level  10750  then market would be downward trend and if it breaks then would go higher upon 10900.

Support : It has first support near to the levels of   10750   and below this level near to 10375

Resistance : It has First seen near to 10750  and above  this level near to 10900.

NIFTY SPOT LEVELS : 31 MAY

Today market closed down  -3.00 points or   (-0.05%) and finally settled at 5,473.10  and  sensex closed down  -34.04 points or  (-0.05%) and finally settled at 18,232.06.

Nifty closed and settled finally at  5,473.10  down  by  -3.00 points. Indian equity benchmarks closed flat with a negative bias on Monday. It was a completely directionless trade for the market amid low volume. However, the broader indices outperformed benchmarks.

Market will be consolidate  in upcoming trading session. If it manages to trade at Support level 5440  then market would be upward trend and if breaks this level then it would go down by 55  points i.e., 5395  and if its does not sustain to this level then would decline  by 50  points more .

Nifty Manages below this level 5500 then market would be downward trend and if it breaks then would go higher about 40 points that is 5540.

Support : It has first support near to the levels of 5440and below this level near to   5395

Resistance: It has First seen near to 5500and above  this level near to  5540

FREE STOCK TIPS FOR 31-05-2011

Script	C/F	Position	Level	Targets	SL	Follow Up
TITAN	FUTURES	BUY	4345	Tg1- 4360 Tg2- 4385	4324.7	1st target achieved
BATA	FUTURES	BUY	478	Tg1- 480 Tg2- 484	473.70	2nd target Achieved
M&M	CASH	FUTURES	559	Tg1- 554 Tg2-548	565.4	1st target achieved
DABUR	FUTURES	BUY	113	Tg1-114.5 Tg2- 117	111.70	1st target achieved