ON 17th AUG 2010 - MARKET VIEWS

TODAY OUR MARKETS HAVE A STRONG SUPPORT AT 5368 LEVELS, IF IT BREACHED IT MAY GO UP TO 5444 LEVELS.

RESISTENCE ARE AT 5445 LEVELS IF IT BREACHED THEN IT GOES UP TO 5466 - 5482 LEVELS TODAY.

ANY WAY 5410 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.

RECOMMANDATION FOR TODAY :  

BUY NIFTY AT 5431 STOPLOSS OF 5408 1st TARGET 5445 2nd TARGET 5466

SELL NIFTY AT 5419 STOPLOSS OF 5430 TARGET 5382

CASH  MARKET

BUY ICICI BANK AT 961 STOPLOSS OF 955 1st TARGET 973 2nd TARGET 984


SELL ICICI BANK AT 953 STOPLOSS OF 962 TARGET 943 - 935