Pre-opening

Market looks set to open in 5540-60 area in gap up.  Raghuram Govinda Rajan Day!

Market is obviously boosted by his initial action.  Holding 5500 Nifty  is all set my previously mentioned Positional Targets of 

1) First Target -  5550 (Done Earlier)
2) Second target -  5675
3) Third Target - 5800 (To be considered after confirmation in my later posts)
4) Fourth Target  - 6150 (To be considered after confirmation in my later posts)
 

Nifty Future Likely to trade between 5530-5620   (5620  being 78% retracement of last larget fall) for 1/2 days and move up.

Bank Nifty Future May Trade upto 9400 for 1/2 days and move up to 10000+ levels

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For the Day
 Nifty Future

 Target 3           5600-5620  ( Sell 2nd time here)
 Target 2           5585  (Sell 1st time here)
Target  1           5560

Buy Nifty Future Holding 5530-40 & 5515.  Buy all dips towards it positionally
 for Sep, 2013.  Keeping booking profits from time to time.

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