Wednesday, March 16, 2011

NIFTY FO has resistance @ 5488 to 5497 
above which other resistance levels are @ 
 5508 - 5517. In down side support levels are @ 
 5447 - 5433 levels; below which other 
support levels are @ 
 5413 - 5390 levels in MARCH - 2011. I am positive for
next week above 5517 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.

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