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Monday, January 18, 2010

For 18 Jan 2010


Market is in very narrow range ....but it is due to break the levels...and to my opinion it will break downside within 2 sessions.....
Nifty if protects 5218-5225 area then upside open but limited to 5320...if 5218 breaks then downside open to 5185 and limited 5118...but there are chances to touch 5030 area too....!!!
For Monday.....if 5222 breaks hen dont remain long and if 5270 breaks dont remain short...
I expect to break 5220 and touch 5185 in 2 sessions..lets see...