DAY trade levles and calls

SELL DLF @ 198-200 with a sl of 204 for a downside till - 192 >> 184 - both targets acheived .....!!!
BUY GTOFFSHORE ABV 253 TGT 274-301 SL 240

Results to watch out for today

Today Result: Dr Reddys Labs, Hero Honda Motors. Reliance Capital, LIC Housing Finance, Mahindra Lifespace Developers, Nagarjuna Fertilizer, Kirloskar Brothers, Alstom Projects, MRPL, GATI, Fortis Healthcare and RPL !!!!

Market View 20Jan 2009

Good Morning ......!!!
Nifty:
Resistance 2842/2865/2899
Support 2799/2770/2725

Today Nifty may open in a negitive note mostly down by 30pts, as all the Asian indices are showing a weakness and are trading negitive. We may expect the same market trend, as has been experienced in the last two trading sessions. The 2770 and 2865 on NIFTY spot are a good support and resistance levels for the market to trade in a range for the day.

If sentiments get strong as a result fo the Pre market rally of the OBAMA effect we may touch 2899 on nifty.
Stay strong on the said levels and trade accordingly.
TODAY AVOID REALITY SECTOR........!!!

HAPPY TRADING ...........!!!