NIFTY FUTURE STRATEGY FOR 04/07/12

LAST CLOSE @ 5306

LAST TWO DAYS....TRADING INSIDE THE RANGE BETWEEN 5270 - 5335 LEVELS.

YESTERDAY  INDICATED ....ABOVE 5300 WILL TAKE NIFTY TO 5334....YESTERDAY MADE HIGH 5335

TODAY IF BULLS CAN TRADE ABOVE 5310....MAY TOUCH 5325 - 5335 LEVELS.

SIGNIFICANT RESISTANCE @ 5340

CROSSOVER 5340....MAY HIT 5347 - 5358 LEVELS.

BELOW 5300.....MAY TAKE TO 5275 - 5250 LEVELS.

BELOW 5250...SUPPORT @ 5238 - 5221

STRONG SUPPORT @ 5200

MAIN RESISTANCE @ 5400 - 5410 LEVELS.