CALLS FOR 12/05/09

Fresh long positions should be taken when Nifty Future moves above 5171 (with stop loss of 5139)

Above 5090 Favors the Bulls , above 5090-5113-5120-5139-5145-5156-5171-5209-5234-5270-5288-5305
-5325-5355-5370-5388-5415

Below 5064 Favors the Bears,below 5064-5054-5040-5025-5005-4985-4970-4955-4925-4905-4885

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On higher side, 5240 and 5300 will act as resistance.