Friday, March 25, 2011

Markets - Looking solid but wait for the breakout

Despite of mixed global cues Indian markets are displaying excellent strength, ahead of the F&O expiry. Investors should keep in mind higher crude oil prices will be "Used" by market players when appropriate on one trading session before the expiry.

We stick to our technical level of 5500 for investors on Nifty before jumping. One should wait for Nifty to close above 5500 levels

Levels for Bulls........

Well................Today's.........Above..................5568.95 things Looks Superb, once again......Above that Mark....NIFTY FUTURE...May Try to Hit..............5593.00 and than...

Watch Carefully...............................

Levels for Bears....

Bears May try to struck hard.....But Only and Only Below................................5520.00 Below that Mark....101% It's Might Try to Hit.........5494.00 and than......5473.00 Mark in Today's or Days to come