ON 9th AUG 2010 - NIFTY FUTURE LEVELS

TODAY OUR MARKETS HAVE A STRONG SUPPORT AT 5424 LEVELS, IF IT BREACHED IT MAY GO UP TO 5404 LEVELS.

RESISTENCE ARE AT 5462 LEVELS IF IT BREACHED THEN IT GOES UP TO 5485 LEVELS TODAY.

ANY WAY 5440 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 FUTURE AT 5460 STOPLOSS OF 5440 TARGET 5485

SELL NIFTY FUTURE AT 5440 STOPLOSS OF 5460 TARGET 5404