ON 1st DEC 2010 - CHOPPY RED

MARKET ON TODAY I THINK CHOPPY AND CLOSED IN RED. SO ANY ONE OF THE BUY OR SELL LEVEL CAME YOU DO TRADE OR OTHERWISE TAKE REST.

STRONG SUPPORT FOR OUR MARKET AT 5853 LEVELS IF IT BREACHED THEN  MARKET MAY  MOVES  DOWN TO 5811 - 5783 LEVELS TODAY.

HEAVY RESISTENCE TO OUR MARKET AT 5908 LEVELS IF IT BREACHED THEN IT  MAY GOES  TO THE DIRECTION OF 5936 - 5971 LEVELS TODAY.

ANY WAY 5853 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 5908 S.L. AT 5849 TARGETS ARE 5936, 5971.

SELL NIFTY FUTURE AT 5853 S.L OF 5908  TARGETS ARE  5811, 5783.