MONDAY 11.15 AM IST



MARKET UPDATE




US Markets fell in trade during last week Friday trading .


There are 2 major concerns in the market now .


Markets reacted to statements released by


 Federal Reserve in which


the FED continued its hawkish stand .


The statement indicated that there would



be a gradual increase in rate hike .


The second concern was the continuing pressure


 which was there on Crude Oil prices .



There was general concern that the global economy



was slowing down .


Copper prices also corrected sharply and closed


 around 432.50 levels .


Mcx Copper currently trading at Rs 434,20



Levels are as under



SUPPORT 1 433.10



SUPPORT 2 432



SUPPORT 3 431.10



RESISTANCE 1 4335.50



RESISTANCE 2 437.20



RESISTANCE 3 439.50




We will keep updating