Thursday, May 6, 2010

Nifty Calls for 06-May-2010

Dow closed negative, Asians all negative, SGX Nifty -30, so we may open around 5090 and try to test 5050 and 5160.

My System Calls:

1) Levels to watch are 5160.15 and 5080.15

2) Sell Below 5168.47 SL 5199.47 TGT 5080.15, 5022.05, 4991.1
3) Buy Above 5230.47 SL 5199.47 TGT

4) Supports/Resistances to Watch For :-

4991.1
5022.05
5071.1
5102.05
5151.1
5182.05
5231.1
Camarilla Calls:
1) Sell Below 5076.15 SL 5098.15 TGT 5022.6, 5003.4
2) Sell Below 5142.15 SL 5164.15 TGT 5127.48, 5112.82, 5098.15
3) Buy Above 5098.15 SL 5076.15 TGT 5112.82, 5127.48, 5142.15
4) Buy Above 5164.15 SL 5142.15 TGT 5182

Banknifty : Levels to watch are 9677.25 and 9490.95

Volume Shockers (Futures) : Nil

Swing Trading (Futures) :
1. CAIRN Sell Below 305.41
2. IBREALEST Sell Below 166.19

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