Nifty view for December 17th 2009

Dear viewers,

Good news: Trading time will start at 9 AM for both NSE and BSE from FRIDAY onwards.

Boring trade made in yesterday. Once again nifty is in confusion trend. Again nifty is heading at 5035 level, 5042.05.


Today is the 15th day in December series.

May be gap up opening will be expected due to GOOD NEWS.

Don't try to go long here. Long only above 5200. Go short on every rise for short term target 4800.

Below 5035, quick fall upto 5005. Above 5035, then zoom upto 5065.

Below 5005, will slide upto 4980. Above 5065, then upmove till 5085.

Below 4980, non stop fall upto 4935.

Closing below 5000, will favour to bear. Closing above 5065, will favour to bull for comming days.

High volatile trade will be expected.

Trade with care.

Watch the below levels

4965/5005   5035   5065/5105

PREMARKET CALLS:

Buy NIFTY FUT 4970-4985 sl 4965 targets 5005/5035

Sell NIFTY FUT 5060-5075 sl 5090 targets 5125/5010

Buy RIL above 1050 sl 1040 targets 1070/1090

Sell RIL below 1040 sl 1050 targets 1020/1000

Buy SBIN above 2160 sl 2150 targets 2180/2200

Sell SBIN below 2150 sl 2160 targets 2130/2110

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.