ON 9th DEC 2010 - VOLATAIL

SO  WHAT WE TOLD ON 7th MARKET DOWN AROUND 97 POINTS FULLFILL ON 8th. IF ANY BULL BACK IS THERE I THINK THERE IS A VOLATAIL TRADE IN ONE or TWO SESSIONS BEFORE IT GOES BOTTOM. IF 5860 IS BREACHED 5800 IS DEFINATE.

STRONG SUPPORT FOR OUR MARKET AT 5893 - 5878 LEVELS IF IT BREACHED THEN  MARKET MAY  MOVES  DOWN TO 5850 LEVELS TODAY.

HEAVY RESISTENCE TO OUR MARKET AT 5948 - 5964 LEVELS IF IT BREACHED THEN IT  MAY GOES  TO THE DIRECTION OF 6005 LEVELS TODAY.

ANY WAY 5925 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 5951 S.L. AT 5925 TARGETS ARE 5990.

SELL NIFTY FUTURE AT 5890 S.L OF 5925  TARGETS ARE  5860, 5810.