NIFTY FO has resistance @ 5555 - 5573; above which
other resistance levels are @ 5588 -5597. In down side
support levels are @ 5517 - 5507 levels; below which
other support levels are @ 5481 - 5470 levels in
MARCH - 2011. I am positive for next week above
5588 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.
other resistance levels are @ 5588 -5597. In down side
support levels are @ 5517 - 5507 levels; below which
other support levels are @ 5481 - 5470 levels in
MARCH - 2011. I am positive for next week above
5588 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.
