ON 30th MARCH 2011 - NIFTY FUTURE

TODAYS THOUGHTS :

TODAY'S LEVELS ARE :

RESISTENCES ARE AT : 5800 - 5820 

SUPPORTS ARE AT : 5750 - 5730

ANY WAY 5770 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  5800 STOP LOSS AT 5770 TARGETS ARE 5820, 5840.

SELL NIFTY FUTURE AT  5745 STOP LOSS AT 5770 TARGETS ARE 5730, 5700, 5670.

TODAY MARKET CAME TO DOWN SIDE I THINK BECAUSE THERE IS SIX UPDAYS  TOMORROW F&O CLOSE SO ALL ARE WINDING THEIR LONG TRADES. IF THE 5800 IS CUT THEN IT MAY BE GO UP 5900 LEVELS EASILY.