INTRADAY UPDATES FOR 03 DEC

Nifty spot cmp..6019.....now watch 6022...if cross then 6040.....one may go short with sl 6040....risk of 20 points.....but keep strict sl...if trade above 6040 for 15 minutes then exit short....

For 03 DEC 2010

Nifty spot is at important level currently.....if it close above 6040 then it might go towards 6090....if profit booking starts there then again chances of testing 5700 or lower levels are high.....if close above 6090 then 6145 on card...
On lower level in short term supports are at 5996/5954/5916.....