Wednesday, May 5, 2010

Nifty Calls for 05-May-2010

Dow tanked, Asians bleeding, SGX nifty -84, so we may open around 5050 and try to test 4990 and 5120

My System Calls:

1) Levels to watch are 5196.78 and 5086.92

2) Sell Below 5187.78 SL 5218.78 TGT 5086.92, 5059.48, 4990.81
3) Buy Above 5249.78 SL 5218.78 TGT 5279.18, 5320.36

4) Supports/Resistances to Watch For :-

4990.81
5059.48
5100.66
5169.33
5210.51
5279.18
5320.36

Camarilla Calls:
1) Sell Below 5081.43 SL 5111.64 TGT 5060.04
2) Sell Below 5172.06 SL 5202.27 TGT 5151.92, 5131.78, 5111.64
3) Buy Above 5111.64 SL 5081.43 TGT 5131.78, 5151.92, 5172.06
4) Buy Above 5202.27 SL 5172.06 TGT 5279.74, 5306.11

Banknifty: Levels to watch are 9731.42 and 9508.67

Volume Shockers(Futures)- Patni

Swing Trading(Futures)-
1. UNITECH Sell Below 81.51
2. RPOWER Sell Below 158.17
3. IDBI Sell Below 122.14
4. IBREALEST Sell Below 165.06
5. HDFCBANK Sell Below 1954.93
6. BANKNIFTY Sell Below 9607.41

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