NIFTY FO has resistance @ 5397-5409;
above which other resistance levels are @ 5417-5437.
In down side support levels are @ 5347-5330 levels;
below which other support levels are @ 5319 - 5309
levels in MARCH - 2011. �I am positive for next week above 5437
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.
above which other resistance levels are @ 5417-5437.
In down side support levels are @ 5347-5330 levels;
below which other support levels are @ 5319 - 5309
levels in MARCH - 2011. �I am positive for next week above 5437
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.
