Nifty outlook for 07 May 12

Gap down opening  is expected ..Global and Asian markets are giving negative cues...traders and investors are eagerly waiting for governments policy on GAAR which will be announced by finance minister ..
Watch for these levels for intra day Nifty futures trades
Buy at / above: 5023   Targets: 5038 - 5056 - 5074 - 5091>>
Stoploss : 5005
Sell at / below: 5005   Targets: 4990- 4972 - 4955 - 4937>>
Stoploss : 5023
Important results today 
HDFC
Andhra bank
bank of india
jubilient food 
rolta