Nifty view for December 16th 2009

Dear viewers,

What a great fall in nifty yesterday brought by Bank nifty. Finally nifty would escape from 5100 level as per our statement and heading at 5033 level.

Today is the 14th day in December series.

What will be in nifty today..? Gap down opening will be expected. Quick trade will made near 4980 level, if only breakout of 5005 level at opening.

Then some recovery from 4980 level upto 5050 level.

Slow trade will be expected around 4980-5065 levels today.

Expected closing will be around 5005 level.

Trade with care.

Watch the below levels

4965/4985   5035   5065/5085

PREMARKET CALLS:

Buy NIFTY FUT 4970-4985 sl 4965 targets 5005/5025

Sell NIFTY FUT 5035-5050 sl 5065 targets 5115/5000

Buy RIL above 1050 sl 1040 targets 1070/1090

Sell RIL below 1040 sl 1050 targets 1020/1000

Buy SBIN above 2180 sl 2170 targets 2200/2220

Sell SBIN below 2170 sl 2180 targets 2150/2130

Buy DLF above 380 sl 375 targets 390/395

Sell DLF below 375 sl 380 targets 365/360

LOGIN AND STAY IN OUR SHARING PLACE (HTTP://PRABHA6464.FREESHOUTBOX.NET/) FOR LIVE CALLS DURING MARKET SESSION.

Happy trading.