Nifty view for February 16th 2010

Dear viewers,

Once again nifty heading at 4800 level yesterday. Some life will spare to bull in coming days. Now what will happend in nifty today..!?

Gapup 10++ opening will be expected.

High volatile trade will be expected.

And If nifty sustain below 4850 for 15 min, then freefall upto 4800-4750 or above 4850 for 15min, then bouce upto 4880-4900.

If today nifty will hit 4750 or 4900..?? Who know this..?

Today below 4800, then bloodbath upto 4785.

Below 4785, then freefall upto 4750.

Below 4750, then slide upto 4700.

Above 4800, then bounce upto 4825-4850.

Above 4850, then zoom upto 4885.

Above 4885, then quick trade upto 4902-4935.

Trade with care.

Watch the below levels

4750/4780   4800   4850/4885

PREMARKET CALLS:

Buy NIFTY FUT above 4800 sl 4785 targets 4825/4850

Sell NIFTY FUT below 4785 sl 4800 targets 4765/4745

Buy RIL above 1020 sl 1010 targets 1040/1060\

Sell RIL below 1010 sl 1020 targets 990/970

Buy SBIN above 1900 sl 1890 targets 1920/1940

Sell SBIN below 1890 sl 1900 targets 1870/1850

Buy DLF above 306 sl 301 targets 311/316

Sell DLF below 301 sl 306 targets 296/291

Happy trading.