NIFTY FO CLOSED @ 5704 AS ON 28.03.2011
NIFTY FO has resistance @ 5719 - 5730; above which other resistance levels are @ 5747 to 5760. In down side support levels are @ 5673 to 5661 levels; below which other support levels are @ 5647 - 5630 levels in MARCH - 2011. I am positive for next week above 5760 level but be with the trend. Let the market decide further moves. As we are saying from many days Buying is suggested in falls only... and its still a better strategy in the given scenario...... One can go for buy at those levels also, but in absence of that its time to BOOK PROFIT now. This is a pessimistic outlook but that's the way we tend to be, in this market.
