NIFTY FUTURE ON 30/08/2010 - 03/09/2010 - WEEKLY TREND

LAST WEEK OUR MARKETS OPEN ON 5530 AND ON THAT DAY IT GOES TO THE HIGH OF 5542.90 WHICH IS THE HIGH OF LAST WEEK AND THEN GO DOWN SIDE ALL DAYS EXCEPT  ON F AND O CLOSE DAY  (little up -  due to short coverings ) AND CLOSED AROUND 5415.75 LEVELS.

NIFTY FUTURE ON 30/08/2010 - 03/09/2010 - WEEKLY TREND

THIS WEEK OUR MARKETS FULLY DEPENDING ON GLOBEL MARKETS FOR UP MOVEMET OTHERWISE IT GOES ONLY DOWN SIDE.

OUR MARKETS HAVE A STORNG RESISTIENCE AT 5447 AND 5494 LEVELS THIS WEEK. IF IT IS BREACH THEN IT MAKES NEW HIGH.

STRONG SUPPORTS ARE AT 5390 AND 5346 LEVELS IF IT IS BRACHED  MARKETS MAY GO TO 5310 LEVELS.