ON 16th SEP 2010 - NIFTY LEVELS

TODAY ASIAN MARKETS ARE IN MIXED LEVELS. SO AFTER EUROP  MARKETS ARE OPEN THEN ONLY WE MAY GET A CLEAR DIRECTION TO OUR MARKET. IF OUR MARKET OPEN AROUND 5850 LEVELS IT MAY BE IN WEAK POSITION. 

STRONG SUPPORT FOR OUR MARKET AT 5827 LEVELS IF IT BREACHED THEN  MARKET MAY  MOVES  TO 5805- 5790 - 5771 THIS DIRECTION TODAY.

HEAVY RESISTENCE TO OUR MARKET AT 5910 LEVELS IF IT BREACHED THEN IT  MAY GOES  TO THE DIRECTION OF 5929 - 5936 LEVELS TODAY.

ANY WAY 5865 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 5895 S.L. 5863 TARGETS ARE 5919 - 5936

SELL NIFTY FUTURE AT 5842 S.L OF 5867  TARGETS ARE 5827 - 5805