Tuesday, May 31, 2011

ON 1st JUNE 2011 - NIFTY FUTURE


MARKET CHOPPY ON MONDAY WHAT WE ALREADY TOLD ON TUESDAY MARKET IS GO UP AND UP WHAT WE ALREADY EXPECT BULLISHNESS IN THIS WEEK. WHAT NEXT?

IF SOME CONSOLIDATION TAKEN ON WEDNESSDAY AND THURSDAY THEN MARKET MAY UP ON FRIDAY.

OTHERWISE WEDNESSDAY MARKET MAY GO UPWARDS THEN WE EXPECT SOME PROFIT BOOKING ON FRIDAY.

TODAY'S LEVELS ARE :

RESISTENCES ARE AT : 5595 - 5605 

SUPPORTS ARE AT : 5545 - 5535

ANY WAY 5565 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  5595 STOP LOSS AT 5565 TARGETS ARE 5605, 5630.

SELL NIFTY FUTURE AT  5545 STOP LOSS AT 5565 TARGETS ARE 5535, 5485.


MARKET BULLISH ABOVE 5550 IF BREACHED THESE RESISTENCE LEVELS IT MAY GO UP TO 5630. IF IT IS NOT BREACHED THOSE RESISTENCE LEVELS IT MAY CLOSE LITTLE BELOW YESTERDAYS CLOSE.



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