ON 15th DEC 2010 - BULLISH

MARKETS ARE AT POSITIVE BUT IN CONSOLIDATION MODE. SO TRADE FOR  MINIMUM TARGETS. 

HEAVY RESISTENCE TO OUR MARKET AT 5990 LEVELS IF IT BREACHED THEN IT  MAY GOES  TO THE DIRECTION OF  6050  LEVELS TODAY.

HEAVY SUPPORT FOR OUR MARKET AT 5927 LEVELS IF IT BREACHED THEN IT  MAY GOES  TO THE DIRECTION OF  5900 - 5865  LEVELS TODAY.

ANY WAY 5945 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 5965 S.L OF 5925  TARGETS ARE  5990, 6020.

SELL NIFTY FUTURE AT 5930 S.L OF 5970  TARGETS ARE  5900, 5870.