ON 31st LAST DAY OF DEC 2010 - DULL or BULL

 

SO MARKET THIS WEEK BREACHES 6038 ON CLOSE BASIS ALSO IT IS A BULLISH SIGNAL. 

IT NOW FACES THE STORNG RESISTENCE AT 6120 LEVELS. SO THERE MAY BE A DOWNSIDE ON TODAY I THINK.GLOBEL CUES ALSO IN DOWNSIDE. SO IT MAY CAME DOWN SIDE ON FIRST SESSION. 

BUT AFTER EUROP OPENS THEY ARE IN GREEN OUR MARKETS ARE GET SUPPORT FORM 6070 LEVELS AND MOVE TO UPPER SIDE.

HEAVY RESISTENCE - 6120 ABOVE THAT 6140 THERE IS NO CHANCE TO MOVE ABOVE THIS  TODAY I THINK.

HEAVY SUPPORT - 6070  BELOW THIS IT MOVE UP TO 6045 LEVELS.

ANY WAY 6090 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.

WE WILL MEET AT NEW YEAR ! 

THAT IS ALWAYS HAPPY.