ON 25th NOV 2010 - SHORT COVERINGS - DON'T TRADE

 

TODAY I THINK MARKET IS IN SHORT COVERINGS BUT IT IS NOT GO MORE UPSIDE THE SAME TIME VOLATAIL ALSO. SO AVOID TRADING TODAY or WAIT FOR ANY OF THE LEVELS BRACHED.

STRONG SUPPORT FOR OUR MARKET AT 5854 LEVELS IF IT BREACHED THEN  MARKET MAY  MOVES  DOWN TO 5810 - 5780 LEVELS TODAY.

HEAVY RESISTENCE TO OUR MARKET AT 5933 LEVELS IF IT BREACHED THEN IT  MAY GOES  TO THE DIRECTION OF 5975 - 6019 LEVELS TODAY.

ANY WAY 5844 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.

TODAY NO RECOMMANDATIONS TO TRADE