ON 27th JULY 2010 - NIFTY LEVELS

THIS WEEK WE HAVE A F& O CLOSING ON 29th ROLLOVERS ARE LESS SO WE EXPECT ONE FULL UP MOVE BEFORE 29th. SO TODAY MARKETS ARE GOING ONE DIRECTION EITHER UP OR DOWN BUT MORE POINTS.

OUR MARKETS HAVE A STRONG SUPPORT AT 5397 LEVELS, IF IT BREACHED IT MAY GO UP TO 5380 AND THEN 5360 LEVELS.

PHYSICOLOGICAL RESISTENCE ARE AT 5450 LEVELS IF IT BREACHED THEN IT GOES UP TO 5485 LEVELS TODAY.

ANY WAY 5425 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.

27th JULY 2010 - NIFTY FUTURE LEVELS

BUY NIFTY AT : 5440 STOPLOSS : 5424  IDEAL.TARGET : 5449

1st TARGET : 5463 2nd TARGET : 5474 3rd TARGET : 5485

SELL NIFTY AT : 5407 STOPLOSS : 5427  IDEAL.TARGET : 5397

1st TARGET : 5386 2nd TARGET : 5370 3rd TARGET : 5360

FOR CASH MARKET :

BUY ICICI BANK AT : 917 STOPLOSS : 912  IDEAL.TARGET : 920

1st TARGET : 924 2nd TARGET : 928 3rd TARGET : 931

SELL ICICI BANK AT : 906 STOPLOSS : 913  IDEAL.TARGET : 903

1st TARGET : 901 2nd TARGET : 898 3rd TARGET : 895