ON 31st AUG 2010 - NIFTY SHORT AND STOPLOSS

TODAY OUR MARKETS HAVE A STRONG SUPPORT AT 5363 - 5347 LEVELS, IF IT BREACHED IT MAY GO UP TO 5318 LEVELS.

RESISTENCE ARE AT 5421 LEVELS IF IT BREACHED THEN IT GOES UP TO 5438 LEVELS TODAY.

ANY WAY 5399 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 :  

SELL NIFTY FUTURE AT 5385 STOPLOSS OF 5399 TARGET 5347