POST MARKET REPORT 22-12-09

NIFTY ALSO BROKE 4950 BUT WITH LOW VOLUMES,AS THIS IS THE CONTINUOUS DOWN MOVE SINCE NIFTY MADE HIGH OF 5180+.AS IT MOVES DOWN,WE HAVE TO GIVE ATTENTION TO THOSE LEVEL WHICH CAN SERVE AS SUPPORTS.LOOK TO 4920-4880 TILL 4830.BUT I THINK BULL MAY SURVIVE ABV 4920 LEVEL,ATLEAST FOR TOMORROW OR TILL X'MAS.MARKET MAY BOUNCE WITH THE HELP OF BANK,REALITIY,INDEX HEAVY RELIANCE & AUTO.MAY GO TOWARDS 4980 TO 5010 MARK.IT MAY SURPRISE ANYBODY,BUT I THINK IT MAY REMAIN BETWEEN 4900-5070 AS I ALREADY MENTIONED EARLIER.LOOK FOR BITTEN STOCK LIKE SBI,AXIS BANK,AUTO HEAVY,REALITY SECTOR WHICH MAY PAY U IN FEW DAYS TIME.