ON 24th SEP 2010 - HEAVY FALL

TODAY OUR MARKETS ARE GOING DOWNSIDE WE THINK IF OUR MARKET OPEN BELOW 5958 LEVELS MARKETS ARE IN  WEAK POSITION. IF MARKETS ARE OPEN ABOVE 5985 LEVELS THEY MAY BE IN POSITIVE SIDE.

STRONG SUPPORT FOR OUR MARKET AT 5921 LEVELS IF IT BREACHED THEN  MARKET MAY  MOVES  DOWN TO 5904- 5975 LEVELS TODAY.


HEAVY RESISTENCE TO OUR MARKET AT 5985 LEVELS IF IT BREACHED THEN IT  MAY GOES  TO THE DIRECTION OF 5998 - 6025 LEVELS TODAY.

ANY WAY 5955 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 5985 (5998) S.L. 5958 TARGETS ARE 6025 -6042

SELL NIFTY FUTURE AT 5953 S.L OF 5985  TARGETS ARE 5921 - 5904