Dhanvarsha crucial Nifty Futures Levels and market prediction 17 Oct 11.

Nifty futures levels for 17 Oct 11

<5028><5058><5085><5120><5152><5180><5209><5251>

   Positive to gap up opening is expected with possibility of volatile session ...5180 is crucial for Nifty  ... below it  bulls are slightly under control and above 5200 they will run towards 5385  5400 ..Reliance announced Q2 result on Saturday ..Mixed reaction of analysts came out on it so wait and watch for its further move..expecting that traders may book profit in reliance ..DLF is struggling at 240 level that is supply zone for it ...RBI is under pressure as inflation is going out of control...It is 4th time within 3 weeks when Nifty is trading at 5150 level...it is not easy to predict that Nifty will break the  channel in which it is trading since 10 weeks...Nifty heavy weight HDFC and TCS are going to announce Q2 results today..

Trade according to trend ...

FIIs and DIIs both were net sellers in equities and  F&O segment on 14 Oct 11 

Possible Nifty spot range for week ending 21 Oct 11 may be...
To check performance in real sense...shown on contract notes... visit  here