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Friday, November 20, 2009

23 - Nov - 2009
Last friday market will open gapdown for 20 to 30 points. Then the nifty will trade above 4980 levels then 12.30 pm market will suddenly down and break 4950 levels then the nifty will lowerside for 4940 levels. This levels the market will bounced to positive trend traded above 4950,4970,4990,5020,5045 to 5075 levels bounced it. Its for short covering and government sick banks merging to healthly banks news reasn. Then also the nifty will close above 5050 levels. Coming monday market will open huge gapup for 20 to 30 points then the nifty will trade above 5080 to 5090 levels the market will go further uptrend for 5120 to 5140 levels the nifty and market will go it. Suppose this levels again selling pursure not coming in market's.Coming days market only trade new higher levels only.Suppose the nifty break 5000 levels another small dip for 4980,4950 to 4920 downside levels only.

Nifty Spot

R-5016/5099/5146.
S-4969/4886/4839.

Nifty Fut

R-5031/5124/5172.
S-4983/4890/4842.

Sensex

R-16900/17164/17306.
S-16758/16494/16352.

Last friday our Nifty Sell call all target achived. Andalso buy call 35 points target achived. Coming monday Nifty Buy above 5077 SL 5030 tgt 5095 to 5124 levels. Nifty Sell below 5030 SL 5077 tgt 4990 to 4985 levels.

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