ON 15th MARCH 2011 - NIFTY FUTURE

YESTERDAY ALL EXPERTS TOLD MARKET IS IN RED BUT WE ONLY TOLD ABOUT MARKET IS BULLISH ON TODAY.

TODAY'S LEVELS ARE :

RESISTENCES ARE AT : 5620 - 5640 

SUPPORTS ARE AT : 5540 - 5520

ANY WAY 5475 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

BUY NIFTY FUTURE AT  5620 STOP LOSS AT 5575 TARGETS ARE 5650, 5675.

SELL NIFTY FUTURE AT  5540 STOP LOSS AT 5575 TARGETS ARE 5520, 5480, 5465.

TODAY MARKET MAY HAVE A CHANCE OF SWING  EITHER SIDE MOSTELY DOWNSIDE I THINK. SO WAIT AND TRADE. 

IF MARKET MAY CUT 5540 LEVELS AND CLOSED BELOW THAT THEN MARKET IS WEAK. 

UPSIDE STRONG RESISTENCE AT 5630 LEVELS. MARKET MAY HURDEL ON THIS LEVEL IF IT IS BREACHED THEN MARKET MAY GO TO 5700 LEVELS. 


GLOBEL MARKET ARE ALSO IN RED DUE TO JAPAN PROBLEM ( ECONOMIC CRISIS MUST ARISE ALL OVER THE WORLD DUE TO THIS NATUREAL CALAMITIES. ) SO MARKETS MAY SOMEWHAT GO DOWNSIDE UP TO 5200 LEVELS IF IT CUTS THE LAT LOW OF 5400.