NIFTY LEVELS TODAY.

My dear Viewers,

Here is your free Nifty analysis for 22-12-2009.
Nifty is not going up but coming down .Will it cut 4950 to go below? Watch the movement of Nifty .The puts of 4900 and 4800 are more as well as the 5000,5100 calls are also see more action.Lot of selling is seen in call option(call writing)This shows that market players are expecting Nifty to be resisted at 5000 and 5100.
Nifty may come down to 4942,4925 and move upward. Below Nifty may come down to 4904,4880and 4800.

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Disclaimer: Please take trading position based on your own analysis. The suggestion given above may not yield profit and the author is not responsible for any loss.