NIFTY FO CLOSED @ 5754 AS ON 29.03.2011
NIFTY FO has resistance @ 5773 to 5788; above which other resistance levels are @ 5797 to 5808. In down side support levels are @ 5733 - 5719 levels; below which other support levels are @ 5703 to 5690 levels in MARCH - 2011. I am positive for next week above 5808 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.
