ON 21st APRIL 2011 - NIFTY FUTURE

TODAYS THOUGHTS :

TODAY'S LEVELS ARE :

RESISTENCES ARE AT : 5925 - 5945 

SUPPORTS ARE AT : 5860 - 5840

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.

UPSIDE 5945 IS VERY STORNG RESISTENCE. SO AFTER BREACHING THAT ONLY BUYING IS ADVICEABLE. I THINK TODAY MARKET MAY BREACH THAT LEVEL. IF IT IS DONE THEN MARKET GOES UPWARDS ONLY I ALREADY TOLD.

INTRADAY CALL

BUY NIFTY FUTURE AT  5925 STOP LOSS AT 5885 TARGETS ARE 5945, 5970.

SELL NIFTY FUTURE AT  5860 STOP LOSS AT 5885 TARGETS ARE 5840, 5810, 5795.