ON 16/08/2010 - 20/08/2010 - WEEKLY NIFTY FUTURE LEVELS

LAST WEEK OUR MARKETS OPEN ON 5448 AND ON THAT DAY IT GOES TO THE HIGH OF 5489.4 AND THEN GO DOWN SIDE 2 DAYS AND GET SUPPORT 5363.6  THEN GO UP TO 5478.8 AND CLOSED AROUND 5456.45.

NIFTY FUTURE ON 16/08/2010 - 20/08/2010 - WEEKLY TREND

THIS WEEK WE EXPECT STORNG UP MOVE. SO MARKETS ARE GO UPWARDS IF IT BRACHES THIS RESISTENCE THIS WEEK THEN IT MAY GO UP TO 5780 LEVELS IN COMING WEEKS.

OUR MARKETS HAVE A STORNG RESISTIENCE AT 5506 AND 5527 LEVELS THIS WEEK. IF IT IS BREACH THEN IT MAY GO UP TO 5563 LEVELS.

STRONG SUPPORTS ARE AT 5433 AND 5413 LEVELS IF IT IS BRACHED  MARKETS MAY GO TO 5335 LEVELS.

ANY WAY THE IMPORTANT TURING POINT IS 5465 LEVELS. ABOVE THIS MARKETS ARE STORNG BELOW THIS MARKETS ARE WEAK.