Sunday, January 3, 2010

MARKETS AND NIFTY NEXT WEEK

Nifty short term trend is DOWN only if Nifty trades BLW 5180 levels. For Daily Purpose, Trend deciding level is 5188 If Nifty shows strength above 5188 levels then a rally up to 5210-5234 may be seen.

If Nifty does not show strength above 5188 then selling pressure till 5143-5169 may be seen. Breakdown below 5150 levels may lead severE selling to 50100.

WATCH THESSE LEVLES YOU HAVE SEEN YESTERDAY BANKNIFTY TOOK RES AT 9080 AND SUP AT 8998NOW FOR NEXT SESSEION BANK NIFTY RES AT 9060 BANK NIFTY SUPORT AY 8940 UPSIDE IF IT GOES ABV 9030, AND SUSTAIN RALLY UPTO 9080-9120 BLW 9000 FALL UPTO 8920-87880- LEVLE CAN BE SEEN NIFTY FUTR PIVT PONT IS 5196 ABV THAT STRONG BLW WEAK

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