Dhanvarsha crucial Nifty Futures Levels and market prediction 20 Oct 11.

Nifty futures levels for 20 Oct 11

<4980><5004><5040><5065><5101><5130><5155><5198>

   Gap down opening is expected with mixed bias and extremely volatile session...only 3 sessions are there for settlement of Oct contracts..so traders are busy in planning to cut or roll over of contracts...

Important  results today  ..Bajaj auto 
possible Nifty range for today 5004><5155
Yesterday market moved up due to huge short covering in panic  ,so it won't sustain at higher levels and will trade below 5100..name of scrips where maximum short covering was noticed ..

FIIs and DIIs were net sellers in equities on 19 Oct 11

Trade according to trend and with stop loss order ...

Possible Nifty spot range for week ending 21 Oct 11 may be...

To check performance in real sense...shown on contract notes... visit  here