Monday, April 25, 2011

NIFTY FO has resistance @ 5930 � 5959 above which other
resistance levels are @ 5973 - 5981. In down side support levels 
are @ 5881 - 5873 levels; below which other support levels are @ 
 5858 - 5833 levels in APRIL - 2011. I am positive for next week above
5981 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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