ON 20th DEC 2010 - GIVE DIRECTION TODAY

SO ON FRIDAY WHAT WE SAID SUPPORT TAKEN AT 5860 AND MOVE FASTLY TO 5979 LEVELS.

HEAVY RESISTENCE TO OUR MARKET AT 5985 LEVELS IF IT BREACHED THEN IT  MAY GOES  TO THE DIRECTION OF  6005 - 6040  LEVELS TODAY.

HEAVY SUPPORT FOR OUR MARKET AT 5915 LEVELS IF IT BREACHED THEN IT  MAY GOES  TO THE DIRECTION OF  5895 - 5845  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 5985 S.L OF 5940  TARGETS ARE  6005, 6030

SELL NIFTY FUTURE AT 5920 S.L OF 5950  TARGETS ARE  5895, 5865.