Nifty view 27/10/09

Today markets supported for both long and short. If you are able to judge the boundary line, you will be the ultimate winner. From tomorrow trade lite as there is high possibility of 4900 to break. Capmark Financial of US has filed Bankruptcy on Sunday, which was reflected in DLF, Unitech like stocks.


But i had advised for BTST on Nifty and Bank Nifty. Since i was of the view that some simple bounce may happen tomorrow. But positional short are still on.


Nifty levels for the day:

4912 - 4936 - 4957 - 4970 - 5011 - 5035 - 5055.

Open call for the day:

Buy Rel Infra above 1204 .... Tgt 1258 1274...... SL 1189