Saturday, March 12, 2011

ON 14th MARCH 2011 - NIFTY FUTURE


TODAY'S LEVELS ARE :

RESISTENCES ARE AT : 5475 - 5490 

SUPPORTS ARE AT : 5420 - 5405

ANY WAY 5450 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  5475 STOP LOSS AT 5450 TARGETS ARE 5490, 5510.

SELL NIFTY FUTURE AT  5420 STOP LOSS AT 5450 TARGETS ARE 5405, 5385.

TODAY MARKET MAY BE CHOPPY I THINK. SO DON'T GO SHORT. IF ONLY THE LAST LOW OF 5400 IS BREACH, YOU MAINTAIN THE SHORT POSITION FOR THE NEXT DAY. OTHERWISE ONLY DO IT FOR INTRA PURPOSE.

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