Nifty view for January 11th 2010

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Finally Nifty heading at 5244 level on friday. This is not fair for bull. Bear raise its hands..!!?? Let us wait and watch.

Today is the 6th day in January series and in 2010 also.

Flat opening will be expected.

Already correction start from friday.

May be, no more big movement in nifty 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 5333-5348.

Trade with care.

Watch the below levels

5185/5204   5242   5288/5303

PREMARKET CALLS:

Buy NIFTY FUT above 5260 sl 5245 targets 5280/5300

Sell NIFTY FUT below 5250 sl 5265 targets 5230/5210

Buy RIL above 1110 sl 1100 targets 1130/1150

Sell RIL below 1100 sl 1110 targets 1080/1060

Buy SBIN above 2290 sl 2280 targets 2310/2330

Sell SBIN below 2280 sl 2290 targets 2260/2240

Buy DLF above 395 sl 390 targets 400/405

Sell DLF below 390 sl 395 targets 385/380

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

Happy trading.