Tuesday, November 23, 2010

ON 24th NOV 2010 - BUY or SELL


MARKETS ARE VERY VOLATAIL NOW BECAUSE OF F&O CLOSE ON 25th SO ONLY ON LEVELS WE MAKE TRADE or OTHERWISE WE DON'T DO ANYTHING.

TODAY MAY BE MARKETS CAME UP TO 6010 LEVELS BUT I THINK DON'T DO BUYING TODAY. 

STRONG SUPPORT FOR OUR MARKET AT 5928 LEVELS IF IT BREACHED THEN  MARKET MAY  MOVES  DOWN TO 5888 - 5862 LEVELS TODAY.

HEAVY RESISTENCE TO OUR MARKET AT 5955 LEVELS IF IT BREACHED THEN IT  MAY GOES  TO THE DIRECTION OF 5975 - 5995 LEVELS TODAY.

ANY WAY 5940 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 :  


SELL NIFTY FUTURE AT 5940 S.L OF 5975  TARGETS ARE  5888, 5828.

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