"TRADING IDEA FOR MONDAY (10.12.2012)"

ONE MAY WATCH THE DATA AS WELL AS MARKET OUTLOOKS, AUTOMATED DAILY CALLS WITH SUPPORT AND RESISTANCE ETC. THAT ARE BEING UPDATED AUTOMATICALLY ON REAL TIME/DAILY BASIS.
Nifty closed on Friday at 5907.40 with a loss of 23.50 points (-0.40%) on intraday basis. 

NOW, 5907 IF BREAKS, 5880 WILL BE A SUPPORT BELOW WHICH 5850-5838-5800 WILL ACT AS STRONG SUPPORT, WHEREAS ON THE UPSIDE, ABOVE 5950, 6000-6100 MAY COME IN THIS SERIES. FOR THE TIME BEING, IT SEEMS THAT SOME CONSOLIDATION IS BEING DONE AND NIFTY WILL TRADE BETWEEN 5800-5950 FOR SOME TIME.
For today and this week, WATCH 5950 LEVEL ON THE UPSIDE. ABOVE 5950, THERE IS EVERY CHANCE FOR NIFTY TO HIT 6000 AND 6100 WHEREAS ON THE DOWNSIDE, BELOW 5880, 5800 MAY COME. 
From options data (Read OI analysis page), highest accumulations is still prevailing at 6000 call during the last week whereas major put base is now at 5800 strike. Currently, market will trade between 5800 and 6000.
INTRADAY LIVE TRADING CALLS DURING TRADING HOURS FROM VARIOUS BROKING HOUSES :  CHECK HERE
DISCLAIMER: BEING A TRADER, I MAY HAVE SOME VESTED INTEREST. 
"Confused what to Buy or what to Sell ? Check here for INTRADAY CALL"