10th OCT 2011 - WEEKLY AND MONDAY MARKET MOVEMENTS

LAST WEEK MARKET WAS GET SUPPORT AT 4747 LEVELS AND GO UP TO 4939 LEVELS. THIS WEEK GLOBLE CUES PLAYS A MAJOR ROLE. 

THIS WEEK

INFOSYS RESULT ON WEDNESDAY IS IMPORTANT FACTOR FOR OUR MARKET IN THIS WEEK.

WHAT WILL HAPPEN THIS WEEK :

 IF MARKET IS NOT BREAK THE RESISTANCE LEVEL OF  4930 - 4960  LEVELS THEN IT GOES DOWN SIDE 4880 - 4830 - 4750. IT BREACHES UPPER SIDE 4960 THEN IT GO UP TO 5040 - 5100 - 5190. 

BUY CEMENT AND FERTLISER STOCKS FOR SHORT TERM INVESTMENT.

TODAY'S LEVELS ARE

RESISTANCES ARE AT  :  4950

SUPPORTS ARE AT        :  4890

BUYING IS RECOMMANDED TODAY

TODAY MARKET BREAK THE RESISTANCE AT 4950 LEVELS THEN IT MAY GO UP TO 4975 - 5030  LEVELS.

IF MARKET GOES DOWN SIDE AND BREAK 4890 LEVELS THEN IT MAY GO UP TO 4855 - 4815 LEVELS

TURING POINT IS 4915 ABOVE THIS BUY BELOW THIS SELL.