ON 12th JULY 2010 - NIFTY LEVELS

TODAY WORLD MARKETS ARE IN GREEN. OUR MARKETS HAVE A NEW HIGH AT OPENING ALSO SO THIS RALLY CONTINUE UP TO 5500 LEVELS. TODAY AROUND 4435 LEVELS MARKET CLOSED I  THINK.

IN DOWNSIDE THE STRONG DOUBLE BOTTOM SUPPORT AT 5240 SO THIS LEVEL IS NOT BREACHED AND THAT LEVEL IS STOP LOSS FOR THIS RALLY. BUT ONE GAP IS IN 5288.4 - 5304.1 LEVELS SO MARKET MAY CAME TO THIS LEVEL MAY BE AFTER OR BEFORE CLIMPING UP.

NIFTY FUTURE LEVELS FOR 12th JULY 2010

BUY AT : 5378

STOPLOSS : 5366

IDEAL TARGET : 5390

1st TARGET : 5405   2nd TARGET : 5432   3rd TARGET : 5442

SELL AT : 5355

STOPLOSS : 5368

IDEAL TARGET : 5347

1st TARGET : 5336   2nd TARGET : 5328   3rd TARGET : 5318