Nifty view for February 22nd 2010

Dear viewers,

Nifty sustain below 4850 on last friday. Good heading will needed in nifty above 4900 level for bull in coming days. Now what will happend in nifty today..!?

Flat opening will be expected.

Range trade will be expected.

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

If today nifty will hit 4800 or 4900..?? Who know this..?

Today below 4850, then freefall upto 4800.

Below 4800, then bloodbath upto 4780-4750.

Above 4850, then zoom upto 4885.

Above 4885, then fill upto 4900-4920.

Above 4920, then zoom upto 4935-4950.

Trade with care.

Watch the below levels

4750/4800   4850   4900/4950

PREMARKET CALLS:

Buy NIFTY FUT above 4850 sl 4835 targets 4875/4900

Sell NIFTY FUT below 4850 sl 4865 targets 4825/4800

Buy RIL above 990 sl 980 targets 1010/1030

Sell RIL below 980 sl 990 targets 960/940

Buy SBIN above 1900 sl 1890 targets 1920/1940

Sell SBIN below 1890 sl 1900 targets 1870/1850

Buy DLF above 293 sl 288 targets 298/303

Sell DLF below 288 sl 293 targets 283/278

Happy trading.