Nifty view for January 5th 2010

Dear viewers,

Finally Nifty heading at 5232 level yesterday. This is good sign for bull.

Today is the 2st day in January series and in 2010 also.

Gapup Opening 40++ will be expected.

If today nifty will hit 5280 or 5150..?? Who know this..?

Today Below 5250, then free fall upto 5204.

Below 5204, then bloodbath upto 5180.

Below 5180, then downtrade upto 5165-5150.

Below 5135, then fall upto 5102.

Above 5250, then zoom upto 5290.

Above 5290, then fire upto 5350.

Trade with care.

Watch the below levels

5165/5185   5242   5288/5303

PREMARKET CALLS:

Buy NIFTY FUT 5185-5200 sl 5170 targets 5220/5240

Sell NIFTY FUT 5270-5285 sl 5300 targets 5250/5230

Buy RIL above 1080 sl 1070 targets 1100/1120

Sell RIL below 1070 sl 1080 targets 1050/1030

Buy SBIN above 2300 sl 2290 targets 2320/2340

Sell SBIN below 2290 sl 2300 targets 2270/2250

Buy DLF above 368 sl 363 targets 378/383

Sell DLF below 363 sl 368 targets 353/348

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

Happy trading.