ON 23rd AUG 2010 - MARKET VIEW

TODAY OUR MARKETS HAVE A STRONG SUPPORT AT 5511 LEVELS, IF IT BREACHED IT MAY GO UP TO 5482 LEVELS.

RESISTENCE ARE AT 5554 LEVELS IF IT BREACHED THEN IT GOES UP TO 5567 LEVELS TODAY.

ANY WAY 5529 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 :  

I THINK MARKET IS CHOPPY TODAY SO AVOID TRADING IN NIFTY FUTURES. IF ANY ONE OF THIS LEVEL BREAKS THEN YOU MAKE TRADE.