Thursday, May 24, 2012

EOD Analysis For 24th May 2012 and Outlook For 25th May 2012

OI in Nifty futures hovering around the xx million mark

Critical levels and outlook remain unchanged for both Nifty and BankNifty

Today marked the 13th consecutive trading close below the crucial 5032 mark and thus implying that the next 8 trading sessions will have this level as the upside on closing basis [not over 5092 in all likelihood till the end of May series]

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