ON 15th APRIL 2011 - NIFTY FUTURE

TODAYS THOUGHTS :

TODAY'S LEVELS ARE :

RESISTENCES ARE AT : 5940 - 5965 

SUPPORTS ARE AT : 5850 - 5825

ANY WAY 5890 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.

THREE WORKING DAYS ONLY IN THIS WEEK. SO MARKET IS GOING UP AND UP IN WEDNESDAY, WITH LOW VOLUMES, BUT IT IS NOT A MATTER BECAUSE FIIS PUTS MONEY IN INDIA SO MARKET IS GOING TO UP WITH NEW HIGH I THINK SO DON'T GO SHORTS. BUT TODAY I THINK SOME DOWNSIDE DUE TO OVER UP SIDE ON WEDNESDAY. CLOSE ALL YOUR SHORTS TODAY OR OTHERWISE YOU MAY GOING TO LOSS HEAVILY. 

SO IN ANY STAGE YOU FOLLOW STOPLOSS AND OTHERSIDE ENTRY IF YOU DO ON WEDNESSDAY ALSO YOU MAY GET HEAVY PROFIT ON THAT DAY.

INTRADAY CALL

BUY NIFTY FUTURE AT  5940 STOP LOSS AT 5890 TARGETS ARE 5965, 5980, 5995.

SELL NIFTY FUTURE AT  5850 STOP LOSS AT 5890 TARGETS ARE 5825, 5785, 5765.