Nifty view for February 18th 2010

Dear viewers,

What a another one more bounce in nifty yesterday. Good heading in nifty above 4900 level. 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 4950 for 15 min, then freefall upto 4900-4885 or above 4950 for 15min, then bouce upto 4980-5005.

If today nifty will hit 4850 or 5000..?? Who know this..?

Today below 4900, then slide upto 4885.

Below 4885, then bloodbath upto 4850.

Below 4850, then freefall upto 4700.

Above 4920, then zoom upto 4935-4950.

Above 4950, then bounce upto 4985-5005.

Trade with care.

Watch the below levels

4880/4900   4920   4935/4950

PREMARKET CALLS:

Buy NIFTY FUT above 4910 sl 4895 targets 4935/4950

Sell NIFTY FUT below 4895 sl 4910 targets 4875/4855

Buy RIL above 1030 sl 1020 targets 1050/1070

Sell RIL below 1020 sl 1030 targets 1000/980

Buy SBIN above 1960 sl 1950 targets 1980/2000

Sell SBIN below 1950 sl 1960 targets 1930/1910

Buy DLF above 309 sl 304 targets 314/319

Sell DLF below 304 sl 309 targets 299/294

Happy trading.