ON 19/04/2010 - 23/04/2010 - NIFTY FUTURES WEEKLY TREND

LAST WEEK NIFTY CAME TO OUR SELL LEVEL AND ACHIVED OUR 2nd TARGET GAIN OF 73 POINTS.

THIS WEEK NIFTY FUTURE TREND

I THINK THIS WEEK MARKET GO DOWN SIDE FOR 3 DAYS DUE TO RBI MOVE AND LAST TWO DAYS MARKETS ARE CAME UP SIDE.

NIFTY ABOVE 5332 IS POSITIVE AND HURDLES FOR THIS UP MOVE ARE 5356, 5392, 5419 AND 5446.

NIFTY BELOW 5248 IS WEAK THE SUPPORTS FOR THIS DOWN TREND ARE 5224,5209, 5194 AND 5182.

TURNING POINT IS 5293 ABOVE THIS BUY BELOW THIS SELL.