Tuesday, January 11, 2011

ON 12th JAN 2010 - NIFTY FUTURE


GLOBEL MARKETS ARE IN GREEN. SO TODAY SOME RECOVERY IS THERE I THINK BUT OUR MARKETS ARE IN BEARISH MOOD ONLY.


MARKETS ARE GOING TO THE BOTTOM AT MOST TO 5140 IS POSSIBLE SO CAUTION MAY BE FOR GOING LONG or GET DELIVERY.
 
TODAY'S LEVELS ARE :

RESISTENCES ARE AT : 5795 - 5825 

SUPPORTS ARE AT : 5680 - 5650

ANY WAY 5745 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.


INTRADAY CALL FOR TODAY

 BUY NIFTY FUTURE AT  5795 STOP LOSS AT 5740 TARGETS ARE 5825, 5870.

STRONG SELLING ONLY DONE BELOW 5680 LEVELS. SO TODAY CHANCE OF SELLING IS NOT CAME I THINK.

1 comment:

  1. Dear Sir,
    I didn't expect the buy will trigger after 12pm.
    Your Magical Formula Gives Buy Signal & Both 2 Targets Achieved even it traced 5711 level.
    Regards,
    J.R.Julius

    ReplyDelete