ON 18th OCT 2010 - NIFTY FUTURE BUY SELL ENTRIES

 

 

IF OUR MARKET OPENS BELOW  6061 LEVELS MARKETS ARE IN  WEAK POSITION. IF MARKETS ARE OPENS ABOVE 6122 LEVELS THEY MAY BE IN POSITIVE SIDE.

STRONG SUPPORT FOR OUR MARKET AT 6071 LEVELS IF IT BREACHED THEN  MARKET MAY  MOVES  DOWN TO 6017 -  5988 THIS DIRECTION TODAY.


HEAVY RESISTENCE TO OUR MARKET AT 6117 LEVELS IF IT BREACHED THEN IT  MAY GOES  TO THE DIRECTION OF 6145 - 6188 LEVELS TODAY.

ANY WAY 6078 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 6117 S.L. 6100 TARGETS ARE 6145

SELL NIFTY FUTURE AT 6071 S.L OF 6100  TARGETS ARE  6035