NIFTY FUTURE IMPORTANT LEVELS FOR 16 MAY 2011
TREND WAVE RESISTANCE : 5704 - 5719.
NEG BREAK-DOWN TRADING RESISTANCE : 5613 - 5624.
TRADING MA SUPPORT : 5524 - 5511.
TREND SUPPORT : 5451 - 5463.
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NIFTY FUTURE BULLISH ABOVE : 5562
TARGETS : 5659 - 5719 .
BEARISH BELOW : 5511
TARGETS : 5427 - 5403 - 5367.
[ BUY AND SELL LEVELS BASED ON INTRADAY TRADING ]
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NIFTY FUTURE CHANNEL BREAK-DOWN TARGET 5381,TRADE WITH STOP LOSS.
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