"TRADING IDEA FOR FRIDAY (14.10.2011)"

The BSE Sensex lost 74.47 points or 0.44% to settle at 16,883.92, its lowest closing level since 11 October 2011. The index jumped 125.68 points at the day's high of 17,084.07 in early trade, its highest level since 21 September 2011. The index declined 104.36 points at the day's low of 16,854.03 in late trade. The S&P CNX Nifty lost 21.55 points or 0.42% to settle at 5,077.85, its lowest closing level since 11 October 2011. Nifty hit a high of 5,136.95 in intraday trade, its highest level since 21 September 2011. Nifty hit a low of 5,067.65 in intraday trade. The BSE Mid-Cap index rose 0.03% and the BSE Small-Cap index gained 0.06%. Both these indices outperformed the Sensex. 
The market breadth turned negative from positive in late trade. On BSE, 1,423 shares fell and 1,377 rose and a total of 115 shares were unchanged. From the 30-share Sensex pack, 22 fell and the rest rose.
FOR TODAY: WATCH 5058-5067 LEVEL BREACHING WHICH NIFTY MAY HIT 5041/5021 AND EVEN 5000 LEVEL ON THE DOWNSIDE WHEREAS IF GLOBAL CUES SUPPORTS NIFTY MAY TRY TO CLEAR THE RESISTANCES TOWARDS 5177/5200.
"Confused what to Buy or what to Sell ? Check here for INTRADAY CALL"