ON 09/08/2010 - 13/08/2010 - WEEKLY NIFTY FUTURE LEVEL

LAST WEEK OUR MARKETS OPEN ON 5407.8 AND 4 DAYS UP MOVE GO TO THE HIGH OF 5483.35 AND LAST DAY DUE TO PROFIT BOOKING IT CLOSED AROUND 5442.45.

NIFTY FUTURE ON 09/08/2010 - 13/08/2010 - WEEKLY TREND

OUR MARKETS HAVE A STORNG RESISTIENCE AT 5445 AND 5465 LEVELS THIS WEEK. IF IT IS BREACH THEN IT MAY GO UP TO 5505 LEVELS.

STRONG SUPPORTS ARE AT 5360 AND 5342 LEVELS IF IT IS BRACHED  MARKETS MAY GO TO 5311 LEVELS.

FRESH LONGS MAY BE AT THE REVERSAL FROM THE 1st SUPPORT ONLY OTHER WISE YOU MAY ONLY IN SHORT POSITION YOUR STOPLOSS IS 5465. 

ANY WAY THE IMPORTANT TURING POINT IS 5395 LEVELS. ABOVE THIS MARKETS ARE STORNG BELOW THIS MARKETS ARE WEAK.