Nifty Calls for 04-May-2010

DOW rallied, Asians are not much happy and mixed, SGX Nifty +10, So we may open flat to positive and may try to test 5270 and 5190.

My System Calls:

1) Levels to watch are 5239.78 and 5197.12

2) Sell Below 5221.22 SL 5252.22 TGT 5197.12, 5179.28, 5156.21
3) Buy Above 5283.22 SL 5252.22 TGT

4) Supports/Resistances to Watch For :-

5156.21
5179.28
5198.86
5221.93
5241.51
5264.58
5284.16

Camarilla Calls:
1) Sell Below 5194.99 SL 5206.72 TGT 5175.91
2) Sell Below 5230.18 SL 5241.91 TGT 5222.36, 5214.54, 5206.72
3) Buy Above 5206.72 SL 5194.99 TGT 5214.54, 5222.36, 5230.18
4) Buy Above 5241.91 SL 5230.18 TGT 5261.21, 5271.44

BankNifty: Levels to watch are 9825.88 and 9716.53

Volume Shockers(Future): EKC, TULIP

Swing Trading (Futures):
1. ESSAROIL Buy Above 142.44
2. RELINFRA Sell Below 1107.05