Monday, February 1, 2010

Nifty view for February 1st 2010

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Dear viewers,

Recovery start in nifty from last friday. Finally nifty heading at 4882 level and still hurdle at 4850. This is not good for bull now. Closing above 4950 only good for bull.

Gap down 20-- opening will be expected.

And trade with rangebound in morning session. After morning session, a sharp recovery will occur in nifty upto 4935. If nifty sustain above 4935 for 15 min, then quick bounce upto 4985.

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

If today nifty will hit 4800 or 4950..?? Who know this..?

Today below 4885, then free fall upto 4850.

Below 4850, then bloodbath upto 4820-4800.

Below 4800, then slide upto 4785-4750.

Above 4885, then quick trade upto 4902.

Above 4902, then zoom upto 4935.

Above 4950, then fire upto 4982-5102.

Above 5102, then step upto 5127.

Trade with care.

Watch the below levels

4780/4820   4885   4935/4985

PREMARKET CALLS:

Buy NIFTY FUT above 4900 sl 4885 targets 4920/4940

Sell NIFTY FUT below 4885 sl 4900 targets 4865/4845

Buy RIL above 1050 sl 1040 targets 1070/1090

Sell RIL below 1040 sl 1050 targets 1020/1000

Buy SBIN above 2060 sl 2050 targets 2080/2100

Sell SBIN below 2050 sl 2060 targets 2030/2010

Buy DLF above 337 sl 332 targets 342/347

Sell DLF below 332 sl 337 targets 327/322

Happy trading.