NIFTY FUTURE INTRADAY LEVELS FOR 16/1/2012

Long only above 4903 for target 4918,other targets are 4929(T1),4943(T2),4968(T3),keep a stoploss of 20 points.

And

Short only below 4853 for target 4837,other targets are 4827(T1),4812(T2),4787(T3),keep a stoploss of 20 points.

UPPER POINT-4915

LOWER POINT-4841

Upper point is strong resistance and lower point is strong support .

Note-T1,T2 are also possible reversal points .