ON 29th APRIL 2011 - NIFTY FUTURE ON FIRST DAY OF NEW MONTH AND ALSO THE WEEK END

TODAYS THOUGHTS :

TODAY'S LEVELS ARE :

RESISTENCES ARE AT : 5800 - 5820 

SUPPORTS ARE AT : 5740 - 5720

ANY WAY 5775 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. 

AND ALSO MARKET BOUNCE FORM 5700 LEVELS BUT THIS TIME MARKET MAY BREAK THIS LEVEL AND GOES AROUND 5550 - 5570 LEVELS I ALREADY TOLDYOU.

INTRADAY CALL

BUY NIFTY FUTURE AT  5800 STOP LOSS AT 5775 TARGETS ARE 5820, 5845, 5860.

SELL NIFTY FUTURE AT  5740 STOP LOSS AT 5775 TARGETS ARE 5725, 5700, 5690.