ON 21st JAN 2011 - NIFTY FUTURES - CAT ON THE WALL

GLOBEL MARKETS ARE IN RED. 

TODAY'S LEVELS ARE :

RESISTENCES ARE AT : 5760 - 5780 

SUPPORTS ARE AT : 5685 - 5665

ANY WAY 5720 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  5760 STOP LOSS AT 5715 TARGETS ARE 5780, 5805, 5815.

 SELL NIFTY FUTURE AT  5685 STOP LOSS AT 5720 TARGETS ARE 5665, 5635, 5615.

TODAY BELOW 5760 IT IS A SELL INDICATION, ALL THE SELLING STOPLOSS IS 5760. IF MARKET BREACHED THIS LEVEL THEN GOES UPWARDS, BELOW THIS MARKET MAY MOVE IN TO DOWN ONLY YOU CAN SELL AT ANY POINT IT MAY GO DOWN SIDE MARKET MAY CLOSED AROUND 5620 LEVELS. IF DOWN SIDE IT MAY GO FASTER I THINK.