Nifty Calls for 17-May-2010

Dow closed negative on Friday, Asians are down and trying to go down further, SGX nifty -62, so we may open around 5025 and try to test 4990 and 5080.

My System Calls:

1) Levels to watch are 5155.55 and 5011.75

2) Sell Below 5118.04 SL 5149.04 TGT 5011.75, 4970.82, 4883.44
3) Buy Above 5180.04 SL 5149.04 TGT 5258.42, 5314.84

4) Supports/Resistances to Watch For :-

4883.44
4970.82
5027.24
5114.62
5171.04
5258.42
5314.84

Camarilla Calls:
1) Sell Below 5004.56 SL 5044.1 TGT 4969.04
2) Sell Below 5123.19 SL 5162.74 TGT 5096.83, 5070.47, 5044.1
3) Buy Above 5044.1 SL 5004.56 TGT 5070.47, 5096.83, 5123.19
4) Buy Above 5162.74 SL 5123.19 TGT 5256.64, 5291.16

BankNifty :- Levels to watch are 9687.8 and 9459.8

Volume Shockers (Futures) :ABAN, SUNTV, TATATEA, GODREJIND

Swing Trading (Futures):
1. SBIN Sell Below 2251.98
2. JSWSTEEL Sell Below 1197.88
3. RELIANCE Sell Below 1051.22
4. IFCI Sell Below 51.47
5. BANKNIFTY Sell Below 9616.89
6. HDFC Sell Below 2776.3