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Thursday, October 22, 2009

23 - OCT - 2009
Yesterday market will open gapdown for 20 to 30 points then the nifty will trade between 5020 to 5050 levels . Then the nifty will come downside for 4980 to 4970 levels the market will come it. Then Closing the market will small recovery for the nifty fut will close 5000 levels.But the Nifty Spot will close for 4990 levels. Today market will open huge gapdown for 20 to 30 points. Then the nifty will come 4950 to 4920 levels the market will bounced back from the lower levels then the nifty will recovery to positive trend for the nifty will go uptrends for 4960,4980,5000,5020 to 5040 levels the market will go it. Its all for technical rally realy market will come today positive trend. Suppose the nifty will break 4920 levels the market will go further downside for 4880 to 4850 levels only.

Nifty Spot

R-5007/5046/5103.
S-4950/4911/4854.

Nifty Fut

R-5014/5056/5109.
S-4961/4919/4866.

Sensex

R-16848/16974/17159.
S-16663/16537/16352.

Yesterday our buy not active. Sell call all target achived. Today Nifty Buy above 5014 SL 4961 tgt 5056 to 5109. Nifty Sell below 4980 SL 5002 tgt 4960 to 4920 levels.