ON 21st DEC 2010 - GLOBEL CUES

HEAVY RESISTENCE TO OUR MARKET AT 6000 LEVELS IF IT BREACHED THEN IT  MAY GOES  TO THE DIRECTION OF  6020 - 6040  LEVELS TODAY.

HEAVY SUPPORT FOR OUR MARKET AT 5945 LEVELS IF IT BREACHED THEN IT  MAY GOES  TO THE DIRECTION OF  5925 - 5890  LEVELS TODAY.

ANY WAY 5980 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.

I THINK MARKET MOVES ONLY DEPEND OPON GLOBEL CUES SO WATCH THAT AND TRADE IN OUR MARKET BENIFIT TO YOU.

RECOMMANDATION FOR TODAY :  

BUY NIFTY FUTURE AT 6020 S.L OF 5975  TARGETS ARE  6045, 6070

SELL NIFTY FUTURE AT 5945 S.L OF 5980  TARGETS ARE  5925, 5870.