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Wednesday, May 20, 2009

21.05.2009
Yesterday market gapdown open and huge upmove andagain downside come the markets. Also nifty 20 - 30 points volatile. This markets all are profit booking in large cap stocks for FII and Mutual fund company's and Retail invester's . Today market is also open huge up and voltile market's . The nifty will trade only 4220 to 4420 levels. If Nifty cross above 4320 level then it will go further uptrend for 4360,4380 and 4420 levels. But nifty not cross it will trade below 4280 the market will come downside upto 4220, 4180,4150 and 4120 levels.
Nifty Spot

R-4293/4340/4411.
S-4222/4175/4104.

Nifty Fut

R-4307/4354/4421.
S-4240/4193/4126.

Sensex

R-14028/14079/14098.
S-14009/13958/13939.

Yesterday buy call not active, only 10 points rally, But Sell call first and second target's achived. Today Nifty Buy abv 4320 Sl 4280 Tgt 4340,4360,4380 and 4420. Nifty Sell Below 4280 Sl 4320 tgt 4260,4250,4230 and 4220 levels

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