Calls for 20-May-2010

Dow closed negative, Asians mixed, SGX nifty +12, so we may open flat to positive and try to test 4900 and 4990.

My System Calls:

1) Levels to watch are 4982.25 and 4863.55

2) Sell Below 5030.23 SL 5061.23 TGT 4947, 4863.55, 4829.17, 4757.34
3) Buy Above 5092.23 SL 5061.23 TGT 5113.44, 5138.44

4) Supports/Resistances to Watch For :-

4757.34
4829.17
4876.04
4947.87
4994.74
5066.57
5113.44

Camarilla Calls:
1) Sell Below 4857.61 SL 4890.26 TGT 4827.41
2) Sell Below 4955.54 SL 4988.19 TGT 4933.78, 4912.02, 4890.26
3) Buy Above 4890.26 SL 4857.61 TGT 4912.02, 4933.78, 4955.54
4) Buy Above 4988.19 SL 4955.54 TGT 5064.81, 5093.29

BankNifty: Levels to watch are 9281.2 and 8955.2

Volume Shockers (Futures) - GTL, GTLINFRA, MTNL, POWERGRID

Swing Trading (Futures) -

1. LICHSGFIN Sell Below 942.91
2. KOTAKBANK Sell Below 751.89
3. HINDUNILVR Sell Below 233.38