Prediction for nifty and bank nifty for MONDAY

Nifty

   Trend: - Consolidate

   Resistance: - 5000, 5100

   Support: - 4840, 4740

   Strategy: - Buy on Dips

Bank Nifty

   Trend: - Consolidate

   Resistance: - 9600, 9750

   Support: - 9300, 9100

   Strategy: - Buy on Dips

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NASDAQ OMX Board Elects Interim Chairman

 Nasdaq OMX said on Friday its board of directors elected Börje Ekholm to serve as the interim chairman of the exchange operator, replacing Furlong Baldwin, who retired.

Ekholm, chief executive of Nordic-based industrial holding company Investor AB, Nasdaq's No. 2 shareholder, steps into the position a week after technical glitches at Nasdaq led to a series of problems in Facebook's highly anticipated initial public offering.

FOR MORE INFORMATION VISIT THE LINK BELOW

http://www.reuters.com/article/2012/05/25/us-nasdaqomx-idUSBRE84O1DD20120525

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LME INVENTORY UPDATE: 25 may

COPPER -575

ZINC -1750

LEAD -3350

NICKEL -354

ALUMINIUM -1242

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Special report by TheEquicom For 25 May

MARKET WRAP

Dow Jones Ind. Avg down 6.66 pts, Nasdaq up 11.0 pt, S&P500 up 2.23 pts

Nifty ended up gaining 85.75 pts, Sensex ended up gaining 274.20 pts

Nikkei up 0.08%@6.78 pts, SSE Composite Index down by 0.53%@12.46 pts

The Sensex and Nifty surged nearly 2% in late trade following rebound in European markets and the Indian rupee. Banking & financials, oil & gas, telecom and metals stocks led the rally. France's CAC and Britain's FTSE climbed over 1% while Germany's DAX rose 0.6%@38.32 pts amid Greece concerns and weak economic data across Eurozone.        


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Stock Option Tips

BUY AXIS 1000 CALL ABOVE 24 


TG-28/33/39 


SL-18

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Nifty and Bank Nifty Predictions For 25 May

NIFTY SPOT 


TREND-CONSOLIDATE
RES 1: 4960
RES 2: 5015
SUPP 1: 4880
SUPP 2: 4850
STRATEGY: BUY ON DIPS



BANK NIFTY FUTURE 


TREND-CONSOLIDATE
RES 1: 9460
RES 2: 9560
SUPP 1: 9320
SUPP 2: 9170
STRATEGY: BUY ON DIPS


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Agri Tips, NCDEX Tips

 BUY CARDAMOM (JUNE) ABOVE 1350


TG-1360/1375/1395 


SL-1337


SELL PEPPER (JUNE) BELOW 38700


TG-38600/38450/38250


SL-38855 

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