In my view Thursday,January21,2010 NSE index will face first resistance at 5228 (Ist RES.) may not cross and the second 5247. Our trade zone 5234-5215,trade zone means major trading area.
Intra day supports are 5187 and 5171 .
In January 2010 We don't think market will cross 5300-5333 area .Today fresh buying persist only closing above 5247.
If market close below 5240 then nifty can touch 5187 this is the major support to NSE
In our suggestion don't buy put and call . If you want to make a profit then sell calls at resistance.
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