28-12-2011 call just watch nifty 4650 below 4607-4590 (low 4607 )

                                     nifty down 4674-4657  sl 4650 long 4650 below 4607-4590

 NIFTY 4721 BELOW TARGET 4674-4657 (LONG SL 4721 TARGET 4773-4795 )

 BANK NIFTY 8244 BELOW TARGET 8106-8061 

                                                                             26-12-2011 
       Today, if NIFTY maintains above 4682 levels – then it will give upside target of 4770-4832 levels… Otherwise it may slide up to 4625-4596 levels…










                                     TECHNICAL VIEW (Week 26.12.11 – 30.12.11):


   This week 4747 & 4667 will act as “KEY LEVELS” – if it maintains above 4747 or maintains below 4667 levels will decide the trend of market in this week…

NIFTY FUTURE

TREND : BEARISH

CLOSE : 4720.60

MKT COMMENTS

NIFTY FUT OI marginal up with lower volumes. Short build up.

Aggressive call writting seen in 4800 CE. Buying seen in 4700 PE.

DEC series PCR (OI) at 0.87. NS R 4740-50  S 4640-50

NIFTY 4760 BELOW TARGET 4703-4689

4783 ABOVE 4820-4840 

BUY JET @178-175 SL 171 TARGET 185-192