ON 5th JAN 2011 - TAKEN SUPPORT

MARKETS ARE CAME DOWNSIDE BUT THE GAP IS NOT FULL FILLED ON TUESDAY.

SO MARKET MAY FILL THE GAP TODAY AND GET SUPPORT AT 6100 LEVELS IF IT IS BREACHED 6060 LEVELS MARKETS TAKEN SUPPORT.

SO MARKET MAY DOWNSIDE ON 1st SESSION AND UPSIDE ON 2nd SESSION I THINK.

RESISTENCES ARE AT 6170 - 6190 - 6220 

SUPPORTS ARE AT 6145 - 6105 - 6060

ANY WAY 6160 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.

THERE IS A GAP BETWEEN 6105 - 6131 LEVELS SO MARKET CAME DOWNSIDE AND FILLED IT TODAY.

INTRADAY CALL FOR TODAY :

BUY NIFTY FUTURE AT 6180 STOPLOSS AT 6160 TARGET 6210.

SELL NIFTY FUTURE AT 6140 STOPLOSS AT 6165 TARGETS ARE 6110, 6080.