Nifty view for January 20th 2010

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Dear viewers,

Yesterday, The expecting fall had made in Nifty and  heading at 5225 level. This is not fair for bull now. Still nifty is in down trend mode now. Today also nifty raise its hands to bear again..!!?? Let us wait and watch.

Today is the 13th day in January series and in 2010 also.

Gap up 20++ opening will be expected.

May be, One side trade will made in nifty today.

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

Today Below 5242, then free fall upto 5204.

Below 5204, then downtrade upto 5180.

Above 5252, then zoom upto 5288.

Above 5288, then fire upto 5303-5318.

Trade with care.

Watch the below levels

5185/5204   5242   5288/5303

PREMARKET CALLS:

Buy NIFTY FUT above 5235 sl 5220 targets 5260/5285

Sell NIFTY FUT below 5220 sl 5235 targets 5195/5175

Buy RIL above 1090 sl 1080 targets 1110/1130

Sell RIL below 1080 sl 1090 targets 1060/1040

Buy SBIN above 2180 sl 2170 targets 2200/2220

Sell SBIN below 2170 sl 2180 targets 2150/2130

Buy DLF above 380 sl 375 targets 385/390

Sell DLF below 375 sl 380 targets 370/365

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Happy trading.