Nifty view for February 17th 2010

Dear viewers,

What a bounce in nifty yesterday. Good heading in nifty above 4850 level. Some life will spare to bull in coming days. Now what will happend in nifty today..!?

Gapup 30++ 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 4800 or 4900..?? Who know this..?

Today below 4850, then slide upto 4825-4800.

Below 4800, then bloodbath upto 4785.

Below 4785, then freefall upto 4750.

Below 4750, then slide upto 4700.

Above 4850, then zoom upto 4885.

Above 4885, then quick trade upto 4902-4935.

Above 4950, then bounce upto 4985-5005.

Trade with care.

Watch the below levels

4780/4800   4850   4885/4920

PREMARKET CALLS:

Buy NIFTY FUT above 4850 sl 4835 targets 4885/4905

Sell NIFTY FUT below 4835 sl 4850 targets 4815/4795

Buy RIL above 1020 sl 1010 targets 1040/1060\

Sell RIL below 1010 sl 1020 targets 990/970

Buy SBIN above 1930 sl 1920 targets 1950/1970

Sell SBIN below 1920 sl 1930 targets 1900/1880

Buy DLF above 313 sl 308 targets 318/323

Sell DLF below 308 sl 313 targets 303/298

Happy trading.