NIFTY FO CLOSED @ 5825 AS ON 15.04.2011
NIFTY FO has resistance @ 5847 � 5858 above which other resistance levels are @ 5877 - 5890. In down side support levels are @ 5803 - 5790 levels; below which other support levels are @ 5781 - 5770 levels in APRIL - 2011. I am positive for next week above 5890 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.
