For 28.oct.2010 from Sensex & Nifty Intraday EOD data of 27-oct-2010
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Some EMA and SMA levels for Nifty Future

day    5     8    13     21    34    40   50    55   5 week

EMA  6106  6107  6104  6073  5996  5959  5901  5873  6040

SMA  6093  6088  6122  6122  6031  5951  5857  5818  6103
The Price is at 34ema, The green levels are below the price, forming supports, Red are above price forming resistance.

Nifty Future Hourly TF chart
All levels Nifty Future.
Immediate retracements can be upto
6046
6071
6091
6113
the regular resistance 6069 6091
if pivot 6048 is crossed.

Immediate extensions can take to
5958
5934
5897
and the regular supports 5994 5972 5951

Volatile session expected. Trendline will save showing the sudden turns in direction.
Stoploss is the best insurance, as always, for protection.
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FII investment NSE and BSE total Nett has come down over the month.

The complexion has changed within a day.
But for the Daily Ichimoku, all other smaller timeframes have become bearish.

Daily -
Turning towards Neutral.
TS crossed down KS, with down changed trend. Priceaction below TS and KS.
but above Cloud.
Cloud is Bullish but shallow.

Hourly -
Bearish.
PriceAction has fallen below Cloud, TS, KS.
TS below KS, and Cloud.
Ks within cloud. Cloud is bearish, may turn bullish later.
CS below PA and cloud.

TF30 -
Bearish, similar to Hourly.

TF5min -
Strongly Bearish, by all indications.
Now, only the Daily, and so the longterm trend is neutral to mild bullish.
One can short on price raise to 20100 to cover at lesser levels.
Strength would resume when Price returns above 20240.