Nifty view for February 9th 2010

Dear viewers,

Once again nifty hurdle with 4750 level and heading in 4760 yesterday after toching 4680 in downside and 4800 in upside. Now what will happend in nifty today..!?

Gap down 40-- opening will be expected.

High volatile trade will be expected.

And If nifty sustain below 4750 for 15 min, then freefall upto 4700-4650.

If today nifty will hit 4700 or 4800..?? Who know this..?

Today below 4750, then bloodbath upto 4700-4680.

Below 4680, then freefall upto 4650.

Below 4650, then slide upto 4600.

Above 4750, then bounce upto 4785-4800.

Above 4800, then zoom upto 4835-4850.

Trade with care.

Watch the below levels

4650/4680   4750   4785/4820

PREMARKET CALLS:

Buy NIFTY FUT above 4750 sl 4735 targets 4770/4790

Sell NIFTY FUT below 4735 sl 4750 targets 4710/4685

Buy RIL above 1000 sl 990 targets 1020/1040

Sell RIL below 990 sl 1000 targets 970/950

Buy SBIN above 1950 sl 1940 targets 1970/1990

Sell SBIN below 1940 sl 1950 targets 1920/1900

Buy DLF above 314 sl 309 targets 319/324

Sell DLF below 309 sl 314 targets 304/299

Happy trading.