ON 6th JAN 2011 - BUY AT TODAY'S LOW

SO MARKETS FILL THE GAP AND BELOW THAT GAP CLOSED  AND IT IS IN CORRECT TREND LINE SUPPORT. SO IT IS NOT TEST OUR 2nd SUPPORT YESTERDAY.

TODAY AT 1st SESSION IT CAME DOWN SIDE WITH IN  6060 LEVELS AND THEN IT GO UP. SO TODAY'S LOW IS THE BUYING POINT. 

IF THE MARKET BREACHES THIS  LEVEL THEN MARKET MAY GO DOWN TO 5700 LEVELS IN FEW DAYS.

TODAY'S LEVELS ARE :

RESISTENCES ARE AT 6140 - 6155 - 6200 

SUPPORTS ARE AT 6095 - 6085 - 6060

ANY WAY 6120 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 6142 STOPLOSS AT 6120 TARGET 6173, 6200.

SELL NIFTY FUTURE AT 6097 STOPLOSS AT 6120 TARGETS ARE 6067, 6040.