ON 17th SEP 2010 - NIFTY LEVELS

TODAY ALSO 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 BELOW 5845 LEVELS MARKETS ARE IN  WEAK POSITION. IF MARKETS ARE OPEN ABOVE 5860 LEVELS THEY MAY BE IN POSITIVE SIDE.

STRONG SUPPORT FOR OUR MARKET AT 5818 LEVELS IF IT BREACHED THEN  MARKET MAY  MOVES  DOWN TO 5795- 5780 - 5760 THIS DIRECTION TODAY.


HEAVY RESISTENCE TO OUR MARKET AT 5887 LEVELS IF IT BREACHED THEN IT  MAY GOES  TO THE DIRECTION OF 5905 - 5930 LEVELS TODAY.

ANY WAY 5855 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 5865 S.L. 5858 TARGETS ARE 5887 - 5903

SELL NIFTY FUTURE AT 5833 S.L OF 5858  TARGETS ARE 5818 - 5780