PREDICTION 22-09-2011

TODAY OUTLOOK ;
VERY VERY WEAK GLOBALLY, ASIA DOWN 2 - 4 %.
NIFTY : SUPPORT 5000/4950   RESISTANCE 5150.
DONT BUY IN DIPS WAIT FOR EUROPE TO OPEN.
SHORT NIFTY IN ANY RISE, BUY PE NEAR 5100. 
BUY CE 5000/5100 ONLY NEAR 4980/5000.
BULL : MPHASIS, ICICI BANK, AMBUJA, SAIL
BEARS : ALL ( JSW, RIL, JP)
OPTION :  BUY NIFTY /CE ONLY NEAR 5000 OR AFTER EUROPE OPENS
SELL NIFTY/PE ONLY NEAR 5100.
BUY SAIL CE NEAR CMP 100. 
HOLD ALL PE GIVEN.  
HOLD  AMBUJA PE, JP PE,( HOLD LT. AVG IT AT LOWER LEVEL).


value pick : VIP, HITACHI HOME AND HAVELLS BUY ON DIPS FOR 6 MONTHS.