Nifty view for December 22nd 2009

Dear viewers,


Finally nifty heading above 4950 level,  bull will in trouble. If once again, nifty will close again below 5005 level today, we might see 4902 level and below, in this week.

Today is the 18th day in December series.

Don't try to go either long or short here. Long only above 5200. Short only below 4800.

Below 4935, quick fall upto 4905. Above 4935, then zoom upto 4965 and 4985.

Below 4905, will slide upto 4880 and try to trade upto 4850 level. Above 4985, then upmove till 5005.

Above 5005 quick trade upto 5035 and 5050 level.

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

High volatile trade will be expected.

Trade with care.

Watch the below levels

4905/4935   4965   5005/5035

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 1020 sl 1010 targets 1040/1060

Sell RIL below 1010 sl 1020 targets 990/970

Buy SBIN above 2150 sl 2140 targets 2170/2190

Sell SBIN below 2140 sl 2150 targets 2120/2100

Buy DLF above 350 sl 345 targets 360/365

Sell DLF below 345 sl 350 targets 335/330

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

Happy trading.