For 13-04-2011.

Nifty future closed near weekly support line.
I strongly believe, NF will reverse from here
or from any downside support zone.And start upside
journey.As of now there is no panic visible in the chart.

Down side nearest supports are at 5793 and 5789.

If break 5793 and 5789, then can go down towards 5781 - 5761,
and can revers.

If 5793-5789 supports zone holds, then should try to cross 5811-5822.
If can stay above 5822, then can try to go above 5840-5846-5852.
If NF can trade above 5852 and 5854 and can stay above this, then definitely a
strong up move will start.
Above 5852, NF can go towards 5889-5903.

Lets see.





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