Nifty view for December 21st 2009

Dear viewers,

Finally nifty heading above 4980 level, still bull will safe. If nifty will close again below 5005 level today, we might see upto 4902 level in this week.

Today is the 17th day in December series.

May be gap down opening in morning.

Don't try to go either long or short here. Long only above 5200.

Below 4980, quick fall upto 4950. Above 5005, then zoom upto 5035.

Below 4950, will slide upto 4935 and try to trade upto 4902 level. Above 4965, then upmove till 4985.

Above 5035 quick trade upto 5065 level.

We already mentioned, Closing below 5000, will favour to bear. Closing above 5065, will favour to bull for comming days. Remember these words.

No more big trade will be expected.

Trade with care.

Watch the below levels

4935/4950   4985   5005/5065

PREMARKET CALLS:

Buy NIFTY FUT 4940-4955 sl 4925 targets 4975/4995

Sell NIFTY FUT 4995-5010 sl 5025 targets 4970/4950

Buy RIL above 1010 sl 1000 targets 1030/1050

Sell RIL below 1000 sl 1010 targets 980/960

Buy SBIN above 2140 sl 2130 targets 2160/2180

Sell SBIN below 2130 sl 2140 targets 2110/2090

Buy DLF above 360 sl 355 targets 370/375

Sell DLF below 355 sl 360 targets 345/340

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

Happy trading.