NIFTY FO CLOSED @ 5944 AS ON 13.04.2011
NIFTY FO has resistance @ 5973 to 5988 above which other resistance levels are @ 5997 to 6006. In down side support levels are @ 5913 to 5909 levels; below which other support levels are @ 5887 - 5870 levels in APRIL - 2011. I am positive for next week above 5988 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.
