CALLS FOR 01/02/10


One can go long with strict stop loss of 4840.
Nifty Future will find resistance at 4920 - 4965 and 5000.
Nifty future will show strength only above 5030.
In the event of Nifty future retracing after making a top around 4920, one can short below the day's open with a stop loss of top made around 4920. On its way down it will find support at 4840

CALLS FOR 29/01/10

One can go long, when Nifty future breaks above 4925 with stop loss of 4880.
On higher side it will find resistance at 4960 - 5000 and 5060.
Keeping a worst case target of 4750 on the lower side, this period offers an opportunity to buy good quality stocks for pre budget rally.

CALLS FOR 28/01/10

One can consider buying above 4870 with stop loss as 4830. On the way up, it will find resistance at 4900 - 4935 and 4950 levels.
Alternatively, if Nifty Future breaks 4800 levels, one can consider buying Nifty Future after it stabilises near 4750 levels - where it will find support
On the way up it will find resistance at 4830 - 4900 - 4935 and 4950 levels.

CALLS FOR 28/01/10

One can consider buying above 4870 with stop loss as 4830. On the way up, it will find resistance at 4900 - 4935 and 4950 levels.
Alternatively, if Nifty Future breaks 4800 levels, one can consider buying Nifty Future after it stabilises near 4750 levels - where it will find support
On the way up it will find resistance at 4830 - 4900 - 4935 and 4950 levels.

NIFTY VIEW for 25/01/10

Considering Friday's close and sharp fall in US markets, it is quite likely that we may have a weak opening. Nifty Future can go down to 4900-4920 range which should provide support.


I expect Nifty Future to take support at 4900-4920 range and if market stabilise in that region one can buy with that low as a Stop Loss.


On the way up it will find resistance at 5010 - 5050 and 5100

NIFTY VIEW for 22/01/10

i would suggest that new fresh short position should be created below 5040 with stop loss of 5075,
or if it opens higher, short position should be taken at 5125 with stop loss of 5150.
I believe, that chances of Nifty Future taking support around 4970 levels are high and hence if it takes support at this level, one can consider buying above 5000 with stop loss as the low made around 4970.

NIFTY VIEW for 21/01/10

Nifty is not able to cross 5225, one can go short below 5195 SL5230.
On down side, it will find support @ 5150 and 5120.
Fresh long position should be taken only above 5250 with stop loss of 5220.
On higher side it will find resistance at 5275 and 5330.

NIFTY VIEW for 20/01/10
one can buy Nifty Future when it goes above 5250 with a stop loss of 5220.
On higher side it will find resistance at 5275 and it will be advisable not to remain short above this level, as the chances of crossing 5305 will be very high