Nifty view for January 21st 2010

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Dear viewers,

Yesterday, The one more expecting fall had made in Nifty and heading at 5221 level. This is not good 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 14th day in January series and in 2010 also.

Gap down 20-- opening will be expected.

May be, High volatile trade will made in nifty today.

If today nifty will hit 5150 or 5250..?? Who know this..?

Today Below 5204, then free fall upto 5180.

Below 5180, then bloodbath upto 5165-5150.

Above 5204, then zoom upto 5242.

Above 5252, then fire upto 5288.

Trade with care.

Watch the below levels

5165/5185   5204   5242/5288

PREMARKET CALLS:

Buy NIFTY FUT above 5220 sl 5205 targets 5245/5265

Sell NIFTY FUT below 5205 sl 5220 targets 5185/5165

Buy RIL above 1080 sl 1070 targets 1100/1120

Sell RIL below 1070 sl 1080 targets 1050/1030

Buy SBIN above 2170 sl 2160 targets 2190/2210

Sell SBIN below 2160 sl 2170 targets 2140/2120

Buy DLF above 375 sl 370 targets 380/385

Sell DLF below 370 sl 375 targets 365/360

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Happy trading.