Nifty view for February 5th 2010

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Dear viewers,

Another great fall happend in nifty yesterday and finally nify heading at 4845 level again, hurdle at 4850. This is not good for bull. Today will be BLOCK FRIDAY..!!??

Gap down 40--  opening will be expected.

And If nifty sustain below 4780 for 15 min, then freefall upto 4750-4700.

If today nifty will hit 4700 or 4900..?? Who know this..?

Today below 4850, then bloodbath upto 4800-4780.

Below 4780, then freefall upto 4750.

Below 4750, then slide upto 4700.

Above 4850, then bounce upto 4885-4902.

Above 4902, then zoom upto 4935-4950.

Trade with care.

Watch the below levels

4750/4785   4850   4885/4935

PREMARKET CALLS:

Buy NIFTY FUT above 4850 sl 4835 targets 4870/4890

Sell NIFTY FUT below 4835 sl 4850 targets 4810/4785

Buy RIL above 1020 sl 1010 targets 1040/1060

Sell RIL below 1010 sl 1020 targets 990/970

Buy SBIN above 1950 sl 1940 targets 1970/1990

Sell SBIN below 1940 sl 1950 targets 1920/1900

Buy DLF above 326 sl 321 targets 331/336

Sell DLF below 321 sl 326 targets 316/311

Happy trading.