ON 29th NOV 2010 - NIFTY FUTURE - DANCE DANCE

IF MARKET UP TODAY THEN REMAINING DAYS ARE DOWN. IF MARKET DOWN TODAY THERE MAY BE A JUMP IN THIS WEEK.

STRONG SUPPORT FOR OUR MARKET AT 5718 LEVELS IF IT BREACHED THEN  MARKET MAY  MOVES  DOWN TO 5676 - 5647 LEVELS TODAY.

HEAVY RESISTENCE TO OUR MARKET AT 5834 LEVELS IF IT BREACHED THEN IT  MAY GOES  TO THE DIRECTION OF 5872 - 5901 LEVELS TODAY.

ANY WAY 5770 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 5808 S.L. AT 5773 TARGETS ARE 5834, 5872.

SELL NIFTY FUTURE AT 5760 S.L OF 5808  TARGETS ARE  5718, 5692.