For 11-04-2011.

Nifty Future last day bounce back from 5831.9, 30 SMA weekly--5832.
Now Nifty future should go up towards 5882-5885-6000, but
not very much sure that it will start up side journey from its last
day closing point.

So what can be the next ---

Just remember 5854.Its a vital level, so many vital points are at this level.
Above 5854 its strong and below 5854 it is weak.

Next days Pivot point is at 5871.16
First and second Pivot supports are at 5815.33 and 5775.76

Now if trade below 5854-5850, then can go towards last low at 5831.9-5832.
And if break and trade below 5831, then go towards 5824-5820 and first pivot
support at 5815.33.
Now from here NF can reverse and can go above 5854.
If break first pivot support 5815.33 then can take support from 5800-5797-5776,
and can reverse towards 5854.

And if NF not break 5854 and trade above 5863, then first level which should clear and trade above is the pivot point level- 5871.16.
If stay above 5871.16, and trade above 5882, then can go towards 5913 and 5926.
If stay above 5926 and trade above 5934, then can face resistances at 5968-5970-
5983-5986-6007.

Lets see....









All levels are for my own trading targets and support and resistances. Others can use it for educational purpose.