CALLS FOR 10/02/10

One can buy Nifty Future with SL4740.
On higher side, Nifty Future will find resistance at 4820 - 4850 and 4865.
Thereafter 4920 may act as a strong resistance.
For up move in the mkt, it is important for Reliance to go above 1020 and 1040 soon.
IF Nifty Future goes below 4720, possibility of retesting the recent low of 4650 can not be ruled out