ON 18th APRIL 2011 - NIFTY FUTURE

TODAYS THOUGHTS :

TODAY'S LEVELS ARE :

RESISTENCES ARE AT : 5860 - 5890 

SUPPORTS ARE AT : 5750 - 5725

ANY WAY 5815 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.

MARKET IS ON UP DREND I THINK DUE TO RESULTS OF COMPANIES AND WAVE ALSO CONFIRM IT. IN THE CASE OF BREAKDOWN OF 5800 MAY BE GO TO 5550 LEVELS AND THEN CAME UPSIDE. BUT IT IS TOO REMOTE

INTRADAY CALL

BUY NIFTY FUTURE AT  5860 STOP LOSS AT 5815 TARGETS ARE 5895, 5935.

SELL NIFTY FUTURE AT  5790 STOP LOSS AT 5815 TARGETS ARE 5755, 5725.