Nifty Future Intraday levels for Jan 12, 2012

Buy at / above: 4865.06   Targets: 4880.07 - 4897.55 - 4915.05 - 4932.59
Stoploss : 4847.64
Sell at / below: 4847.64   Targets: 4832.66 - 4815.29 - 4797.96 - 4780.65
Stoploss : 4865.06

Update:

• 11:06 AM - NF long 1st target hit. Book part and Revise SL to cost. Resistance for NS is 4890,4905,4915,4950.
• For remaining lots keep SL 4865. 
• Profit 15 points
• 12:05 PM - NF short hit 1st target. Book part profit and revise SL to cost.
• 1:20 PM - Book profits @ 4830-35. Support for NF @ 4820
• Profit 15 points.
• 01:23 PM - Risky - NF buy @ 4848 with SL 4835
• Safe traders avoid.
• 2:23 PM - Revise SL to 4840. If cross 4865 then hold for our targets.
• SL hit. 8 points loss.
• Total Trades: 3 - Total Profit: 22 points.