ON 16th FEB 2011 - NIFTY FUTURE

TODAY'S LEVELS ARE :

RESISTENCES ARE AT : 5530 - 5555 

SUPPORTS ARE AT : 5450 - 5425

ANY WAY 5485 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

 SELL NIFTY FUTURE AT  5530 STOP LOSS AT 5480 TARGETS ARE 5555, 5570, 5585.

SELL NIFTY FUTURE AT  5445 STOP LOSS AT 5485 TARGETS ARE 5425, 5385, 5365.

GLOBEL CUES ARE IN SELLING MOOD. SO IN OUR MARKET  IS  ALSO IN SAME WAY  TODAY I THINK.