ON 22nd JULY 2010 - MARKET LEVELS

TODAY OUR MARKETS ARE DOWN I THINK, BECAUSE YESTERDAY ALL WORLD MARKETS ARE UP BUT OUR MARKETS ARE ONLY LITTLE UPSIDE, TODAY DOW ALSO  IN WEAK POSITION SO TODAY SOME SELLING DONE. ON 20th ALSO OUR MARKETS BREAK THE  LOWS ( TECHNICALLY : INNER BAR ) SO TODAY CHANCES ARE MORE FOR DOWN SIDE.

OUR MARKETS HAVE A SUPPORT AT 5347 LEVELS, SO IN FIRST SESSION IT MAY GO UP TO THIS LEVEL, IF IT BREACHED IT MAY GO TO 5288 LEVELS.

PHYSICOLOGICAL RESISTENCE ARE AT 5400 LEVELS IF IT BREACHED THEN IT GOES UP TO 5437 LEVELS TODAY.

ANY WAY 5375 IS A CRUCIAL POINT AND TURNING POINT TODAY. IF IT IS BREACHED DOWNSIDE THEN IT MAY GO DOWN OR ABOVE THIS MARKETS MAY GO UPSIDE.

22nd JULY 2010 - NIFTY FUTURE LEVELS

BUY NIFTY AT : 5391 STOPLOSS : 5375  IDEAL.TARGET : 5400

1st TARGET : 5415 2nd TARGET : 5426 3rd TARGET : 5437

SELL NIFTY AT : 5357 STOPLOSS : 5377  IDEAL.TARGET : 5347

1st TARGET : 5341 2nd TARGET : 5335 3rd TARGET : 5330

FOR CASH MARKET :

BUY ICICI BANK AT : 897 STOPLOSS : 891  IDEAL.TARGET : 901

1st TARGET : 906 2nd TARGET : 911 3rd TARGET : 915

SELL NIFTY AT : 884 STOPLOSS : 891  IDEAL.TARGET : 880

1st TARGET : 878 2nd TARGET : 876 3rd TARGET : 874