ON 6th DEC 2010 - CHOPPY

I THINK TODAY MARKETS ARE CHOPPY. AND MARKET MAY CAME DOWNSIDE.

STRONG SUPPORT FOR OUR MARKET AT 6014 - 6003 LEVELS IF IT BREACHED THEN  MARKET MAY  MOVES  DOWN TO 5986 - 5960 LEVELS TODAY.

HEAVY RESISTENCE TO OUR MARKET AT 6053 LEVELS IF IT BREACHED THEN IT  MAY GOES  TO THE DIRECTION OF 6064 - 6083 LEVELS TODAY.

ANY WAY 6030 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 6053 S.L. AT 6929 TARGETS ARE 6078.

SELL NIFTY FUTURE AT 6014 S.L OF 6032  TARGETS ARE  5986, 5960.