Nifty view for January 22nd 2010

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Dear viewers,

Yesterday, What a great fall happend in nifty? and finally nifty heading at 5094 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 15th day in January series and in 2010 also.

Gap down 30-- opening will be expected.

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

If today nifty will hit 5050 or 5150..?? Who know this..?

Today Below 5102, then free fall upto 5080.

Below 5080, then bloodbath upto 51065-5050.

Below 5050, then slide upto 5005.

Above 5102, then zoom upto 5135.

Above 5150, then fire upto 5180.

Trade with care.

Watch the below levels

5035/5065   5102   5142/5186

PREMARKET CALLS:

Buy NIFTY FUT above 5105 sl 5090 targets 5130/5150

Sell NIFTY FUT below 5090 sl 5105 targets 5065/5045

Buy RIL above 1060 sl 1050 targets 1080/1100

Sell RIL below 1050 sl 1060 targets 1030/1010

Buy SBIN above 2130 sl 2120 targets 2150/2170

Sell SBIN below 2120 sl 2130 targets 2100/2080

Buy DLF above 366 sl 361 targets 371/376

Sell DLF below 361 sl 366 targets 356/351

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Happy trading.