Market Update On 30 th may 2012

WEAK MARKET ON EXPECTED LINES REMEMBER WE HAD ASKED YOU YESTERDAY TO AVOID ANY OVERNIGHT BUYING...NOW FOR TODAY

4920 NF WILL ACT AS LAST HOPE SUPPORT OF BULLS...ON BOUNCE 4980 NF FIRST HURDLE OF BULLS

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

FOCUS SHOULD BE ON USD/INR..WHICH IS TRADING AGAIN HIGHER AT 56-35 CAN ACT AS PRESSURE FOR BULLS
EUROPE FUTURES WHICH IS TRADING WEAK ITS OPENING AND TRADING AT 12-30 PM WILL HOLD CRUCIAL KEY FOR MARKET....WATCH