ON 18th FEB 2011 - NIFTY FUTURE

OUR SAID 2ND RESISTENCE LEVEL CAME ON 17th ONLY DUE TO MARKET CHOPPY. SO TODAY WE REVIEW THE NEXT LEVELS.

TODAY'S LEVELS ARE :

RESISTENCES ARE AT : 5590 - 5605 

SUPPORTS ARE AT : 5540 - 5525

ANY WAY 5560 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  5590 STOP LOSS AT 5560 TARGETS ARE 5600, 5610, 5625.

SELL NIFTY FUTURE AT  5540 STOP LOSS AT 5560 TARGETS ARE 5525, 5505, 5475.

TODAY MARKET MAY GO DOWNSIDE  I THINK. MINIMUM IT CAN CAME DOWN TO 5500 LEVELS.