Dhanvarsha crucial Nifty Futures Levels and market prediction 04 Oct 11.

Nifty futures levels for 04 Oct 11

<4765><4788><4823><4869><4901><4923><4963>

The Central Bureau of Investigation has told the Supreme Court that it has not found any incriminating evidence against ADAG chairman Anil Ambani in the structuring of companies and transfer of funds to Swan Telecom, which is allegedly one of the main beneficiaries in the 2G spectrum scam. 
http://timesofindia.indiatimes.com/business/india-business/No-evidence-against-Anil-Ambani-on-Swan-CBI/articleshow/10226849.cms

   Flat to slightly negative opening is expected ...Finally CBI has given Clean chit to Anil Ambani..

 in Swan deal ...It will move ADAG pack  up ...Hero honda ,Maruti , tata motors were gud in sept sales..so  will trade according to positive biasing ...Crude is Down  so OMCs will be at gain ...

Don't believe on emotional levels ...like 4700 or 4600...

See Fib levels ...and fib is indicating that 4775 is support and proved 4 times in past ....so have confidence...4775  will not break  and  in worst case if 4775  will be broken then u can see where is down support...chart is indicating 3 year period...

FIIs were net sellers in equities and F&O segment on 30 Sept 11...

 Possible  Nifty spot range for  week ending 07 Oct 11 may be...