Nifty view for January 8th 2010

Dear viewers,

Finally Nifty heading at 5263 level yesterday. This is very good sign for bull. But..?

Today is the 5th day in January series and in 2010 also.

Gapup opening will be expected.

May be correction will start today.

If today nifty will hit 5300 or 5200..?? Who know this..?

Today Below 5242, then free fall upto 5204.

Below 5204, then downtrade upto 5180.

Above 5252, then quick trade upto 5288.

Above 5288, then zoom upto 5303.

Above 5303, then fire upto 5348.

Trade with care.

Watch the below levels

5185/5204 5242 5288/5323

PREMARKET CALLS:

Buy NIFTY FUT above 5250 sl 5235 targets 5275/5300

Sell NIFTY FUT below 5300 sl 5315 targets 5275/5250

Buy RIL above 1100 sl 1090 targets 1120/1140

Sell RIL below 1090 sl 1100 targets 1070/1050

Buy SBIN above 2300 sl 2290 targets 2320/2340

Sell SBIN below 2290 sl 2300 targets 2270/2250

Buy DLF above 376 sl 371 targets 381/386

Sell DLF below 371 sl 376 targets 366/361

For live calls during market session, log on http://www.subiuthra.blogspot.com/.

Happy trading.


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