Intraday Stock Market Trend For Monday 2nd May 2011


Intraday Stock Market Trend Monday  2  May  :- My Dear visitor's, YOU MUST HAVE NOTICED THAT SPOT NIFTY JUST GONE DOWN NEAR THE MOST CRUCIAL & SENTIMENTAL SUPPORT OF 5700  29TH APRIL 2011 – NIFTY DAY LOW AT 5706) AND BOUNCED BACK NICELY. MARKET IS GETTING PREPARED FOR THE RESERVE BANK MONETARY POLICY TO BE DECLARED IN THE FIRST WEEK OF MAY 2011 & INCREMENT OF INTEREST RATES ARE INEVITABLE TO CURB THE RISING INFLATION. I REITERATE, DON’T EXPECT MUCH FROM THE MARKET TILL JUNE-JULY 2011. HOPEFULLY A GOOD MONSOON WILL BRING THE POSITIVE SENTIMENT BACK OF THE INDIAN STOCK MARKET.