Market Update On 18th May 2012:

 WEAK MARKET ON EXPECTED LINE AND IN LINE WITH WORLD MARKETS.....WHERE EUROPE PROBLEMS ARE NOW MULTIPLYING.....NOW FOR TODAY

4760 NF WILL ACT AS LAST HOPE SUPPORT OF BULLS....WHILE ON BOUNCE 4820 NF WILL ACT AS FIRST HURDLE OF BULLS

ONLY BREAKING THIS RANGE WILL SET FURTHER MOVES FROM BULLS OR BEARS

some close watch should be on rupee/dollar..which is making new highs
europe which will open lower but how will it trade if breaks more then more pressure will come if some recovery seen there then some relief after europe opening can come...WATCH